Demographics: Maximum Social Security payout per person
The average beneficiary gets $24k/year, and about 6% get $40k or more, and 1-2% get $50k or more per year.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
The average beneficiary gets $24k/year, and about 6% get $40k or more, and 1-2% get $50k or more per year.
Because the government devalued dollars.
Much to most people's surprise, it's gone up.
Except 79% already own their own home.
Lots of nonsense about Social Security is posted on X. This tries to set the record straight.
When comparing cross generation wealth at the same ages, something unexpected shows up .... contrary to the media memes.
Expert promotes false comparison between old homes and today, ignoring vast differences in size, features and construction quality.
Top 1% wealth vs US poverty rate. The poverty rate has gone down sharply as top 1% wealth increased.
But this is actually good news
History of women's participating in the labor market.
The NY Times writes a sob story about couples who can't afford to have a child. It's actually a story about lifestyle inflation.
97-98% of households with kids in the U.S. have an annual income of less than $400,000 per year, kind of disproving this study.
"1 million of those age 65+ are living with unrelated roommates" or about 1.6% of those age 65+.
So says an actual Yale professor, Samuel Moyn
True, by leaving out all the local and state spending. In the real world, spending is almost equal.