About half of US income is earned by households making more than $100,000 per year, with most owning their own homes.
https://twitter.com/lisaabramowicz1/...10104432857089
Bloomberg Lisa Abramowicz today
With max Social Security income limit currently at like $140K, that means that slightly less than 50% of the population today qualifies for near max social security. . .
So that's why i made the statement I did, a lot more people have near max SS than one might realize.
I also see the salary and wages of the entire population of 15,000 employees in a utility company across 3 states and 3 segments, gas, electric and transmission, so I have some familiarity with income ranges and potential SS payouts. . I specialize in designing financial forecasting models for corporations, revenues in the billions. . .
but its a web site, and everyone is entitled to their own opinions.
future former corporate finance guy