3 ms·
>A large number of Americans will be in the top 10% by income at some point during their life. If, "by a large number," you mean 10%, then you're right. Edit:
by nobody9999 5y ago
>A large number of Americans will be in the top 10% by income at some point during their life.
If, "by a large number," you mean 10%, then you're right.
Edit: Upon reflection, my comment was both flip and inaccurate. In sum, I was talking out of my ass. Phew! That stinks. My bad.
- sumtechguy 5y agoPeople rotate in and out of that 10%. 25 years ago I maybe had a net wealth of 500 bucks, 15 years ago I was negative 180k. Today I am in that 10%. By the time I get to 70 I probably will not be in that 10% anymore. Hell one 'RIFF' and 2-3 years of 'sorry you are not a good fit', medium sized illness, and I could be there again.
- nostromo 5y agoAbsolutely not. 10% would be the bare minimum, by definition.
- mod 5y agoPeople die, people's incomes change (or cease). More than 10% of the population will be in the top 10% of almost any category at some point during their lifespan, even if it's briefly.