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A related question that I have is how much people's incomes vary from year to year. For example, the seven years since I finished undergrad have seen me be an
by teuobk 16y ago
A related question that I have is how much people's incomes vary from year to year. For example, the seven years since I finished undergrad have seen me be an engineer, a grad student, a (not yet very successful) entrepreneur, and a consultant. Quite a broad spectrum.
Thus, the standard deviation of my annual gross income post-undergrad is about $41200. Are other people so variable?
- nostrademons 16y agoEasily. The standard deviation of the 5 tax years since I finished undergrad is roughly $63k. (My grade-point-standard-deviation of the 4 years in college was 1.6, BTW.)
- rdl 16y agoOver the past 12 years, I have always made <25k (sometimes negative...) or >200k per year. This is the maximally unfortunate tax strategy, too (being in the 150-350k range is the worst for individual taxes, but it is still obviously a good problem to have).