- cross-posted to:
- aboringdystopia
- cross-posted to:
- aboringdystopia
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I think people underestimate lifetime earnings. Let’s assume 35 years of salary work to retire at 65 (it takes a while to get a career going an maybe a layoff and parental leave…) That would be about 125k a year. Make that a dual income family and that’s 2 people making 63k a year. It’s a bit hard to understand pre and post tax though because some of the calculations like retirement are pretax. And then factor in gains from investment…
So isn’t this calculation saying a 2 family income making median can live the dream? That’s not great for 50% of Americans and probably means a lesser proportion of Americans can attain the dream than before. But that number 4.4 million actually is not crazy high.
Add the expense of having kids.
Add the expense of looking after parents.
Add the expense of healthcare costs.
How many um, how many lifetimes do I get again?
Approx. .7 lifetimes.
I feel like that’s higher than the actual livable and free lifetimes the average person has.
I believe it’s more like 0.7² lifetimes, approximately 0.49 lifetimes.
Advertised lifespan vs actual right here
Nah it would be advertised as .9⁸ instead (which is 0.43)
Hooray for capitalism.
