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  #11  
Old 05-23-2007, 07:21 AM
otnemem otnemem is offline
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Join Date: Nov 2004
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Default Re: empiremaker2 is playing 2-4 nl right now

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Sure, there could be problems, and you need to be smart and flexible, but it's simply not the case many people can't get through life on $2 million.

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Especially when you consider that most people don't earn $2 million when working their entire lives.

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That's not true. The median income in the US is around $45k. That's somewhere around 45 years work to earn $2 million. If you start work at 20 and retire at 65...

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this is one of those instances in which a mode is better to get a true average american income than a median because the top earners skew the median so much. so while i know 45k is probably a little more than what most people make, im not sure how much more.

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OK, this discussion has already gone too far, but top earners don't skew a median that much. They skew the mean a lot, but not the median. Someone has to be making the most money. It doesn't matter if that number is $1 mil or $25 mil. A mode would not be a good measure of how much money the majority of Americans make.
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