4 ms·

More like 17.

• Avshalom 8y ago
  Right, sorry, still though household
  • deleted 8y ago
    [deleted]
• evilduck 8y ago
  59k is an average household income and average households have 2.5 people, which is likely two incomes (over 60% of households). That becomes closer to something like 33 years, which nudges close to the boundaries of most people's entire working life. edit: national average wage index for 2016 was 48,642, so I guess for a working individual thats about 20 years then.
  • Simon_says 8y ago
    The only thing I'm getting out of this is that the average person who saves modestly and invests can accumulate significantly more than a million bucks in a normal working career. None of which is relevant to my original point of the worthlessness of this particular metric.