Posts filed under “Wages & Income”
Some key data points:
• The average retirement age has crept up by four years over the past two decades, from 57 in 1991 to the current 61
• The average nonretired American currently expects to retire at age 66, up from 60 in 1995.
• More than half of nonretirees aged 58 to 64 expect to retire after age 65, compared with 36% of nonretirees aged 50 to 57, 38% of those between 30 and 49, and just 26% of those younger than 30.
• The average age that current U.S. retirees said they retired is now 61, compared with 59 in 2003 and 57 in 1993.
• Gallup has found that Americans aged 60 to 69 who work have slightly better emotional health than those who do not work, and this relationship is stronger for Americans in fair or poor health.
click for larger graphics Source: Visualizing Economics Catherine Mulbrandon covers all sorts of cool data over at Visualizing Economics (Check out her wicked cool book of economic visualizations on income here). I find the big picture view of employment and wages fascinating, looking at the question, What Happened to Wages? As the charts above…Read More
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is.
More info: YouTube
I’ve had this queued up for awhile, bit its gone viral and there is no longer a reason to wait . . .
click for larger graphic Source: MillerSamuel The short answer is 7X the rest of the USA (assuming you have not yet been laid off from that job yet). That astonishing data point came to us via Jonathan Miller. He used the state bonus compensation data for 1985-2011. As of 2011, the securities industry salaries…Read More