How Much Do The Wealthiest Americans Really Earn?
Saturday, 23 March 2024, 12:30
Income Disparity in America
The top 20% of earners have incomes of $153,001 or more, but the top 5% have even higher earnings to report.
How much the richest Americans earn
Households in the highest quintile had an income of $153,001 or above, while the top 5% earned $295,001 or more in 2022.
Strategies to build wealth
- Cap fixed expenses at 50% of your income
- Limit discretionary spending to 30% of your income
- Save 20% of your income for retirement and goals
Take charge of your financial future by making smart money moves, regardless of your income level.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.