Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Age-Based Income Percentile Rank and ER
Old 04-26-2013, 05:58 AM   #1
Recycles dryer sheets
kmt1972's Avatar
Join Date: Mar 2013
Location: Scarsdale
Posts: 175
Age-Based Income Percentile Rank and ER


Political Calculations: Find Your Age-Based Income Percentile Rank

It shows age based incomes percentiles. It is interesting to see that for the 90 income percentile, income peaks at around age 51. For the 80 income percentile income peaks at around 56. Same for 70 and 60 percentiles. For 50 percentiles and below income seems to plateau around age 41-50 before falling. This does show the obvious trends of ER for high income populations and later retirement for white collar population that has relatively lower income as the work into the late 50s and early 60s. For the bottom 50 percent the nature of work are more likely to be labor intenstive so income then tend to stagnate after the age of 40.

"There are no solutions...there are only trade-offs." - Thomas Sowell

Looking to retire or semi-retire by 45 based on our net worth going to $6 million outside our house.
kmt1972 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-26-2013, 08:41 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2004
Posts: 10,894
Thanks, an interesting chart. One unfortunate result of the portrayal is that it invites users to "trace the line" of, say, a "30 percentile worker" through his lifetime, and I don't think that's an especially accurate portrayal of economic life in the US. People rise and fall through the "percentiles" according to their talents, effort, luck, etc. I know that my high school friends who went to work instead going to college as I did were way ahead of me on the income scale for at least 4-5 years, but stats would indicate they we swapped places at some point. But some of those people started successful businesses and will always be ahead of me. So, all of us were "hopping lines" up and down throughout this period, and I think that happens quite a lot throughout the lives of many people.

So, good chart, but we need something else if we want to understand income "mobility" in the US and the complexities of how the incomes of real people varies with age.

"Freedom begins when you tell Mrs. Grundy to go fly a kite." - R. Heinlein
samclem is online now   Reply With Quote
Old 04-26-2013, 08:54 AM   #3
Thinks s/he gets paid by the post
timo2's Avatar
Join Date: Jul 2011
Location: Fort Collins
Posts: 1,243
I thought the companion chart that page links to was just as interesting Visualizing the 2012 Distribution of Income in the U.S. by Age
"The natural inclination of every boat everywhere is to sink".......Nicole Pasulka
timo2 is offline   Reply With Quote
Old 04-26-2013, 08:55 AM   #4
Recycles dryer sheets
TOOLMAN's Avatar
Join Date: Jan 2013
Posts: 209
Originally Posted by kmt1972 View Post
Here is another NW vs Age calculator.
TOOLMAN is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 02:37 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.