Discover the stark reality of your earnings versus life's necessities and the world's wealthiest. ~ Joseph Erickson
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Median price: $416,000
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Based on saving 20% of income
Estimated cost: $9,600
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For a family of four
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Based on your tax rate
Estimated cost: $10,500
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For a family of four
Average cost: $12,900
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For a family of four
From birth to age 18: $576,000
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How the world's richest dwarf your earnings
| Rank | Name | Net Worth | Per Second | Your Annual Lifestyle (minutes) |
|---|
The top 1% own 32% of U.S. wealth
The bottom 50% hold just 2% of the nation's wealth.
CEO-to-worker pay ratio is 344:1
In 1965, it was 21:1. CEOs earn in hours what workers earn in a year.
Global wealth inequality is staggering
The richest 1% own nearly half of global wealth, while 3.5 billion people share just 0.4%.
$1 trillion is a lifetime of earnings
At $50,000/year, it would take 20,000 years to earn $1 trillion.