A 118% increase over 57 years is an average yearly growthrate of 3.8%. Wages for equivalent jobs have been pretty stagnant for the past 50 years, but people pe

A 118% increase over 57 years is an average yearly growthrate of 3.8%. Wages for equivalent jobs have been pretty stagnant for the past 50 years, but people personally tend to make more money year over year as they gain experience. Or in otherwords, a 25 year old right now is not much better off than a 25 year old 20 years ago, but a 45 year old right now is likely much better off than a 25 year old 20 years ago.