What Your Income Should Be by Every Age (Individual)
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- čas přidán 1. 07. 2024
- Did you know that from an income perspective women's peak between ages 35 and 54 and men peak between 45 and 64?
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_________
00:00 - Intro
01:08 - Age:
16 - 21 years old
01:43 - Age:
21 - 25 years old
02:44 - Age:
25 - 31 years old
03:56 - Age:
31 - 35 years old
04:56 - Age:
35 - 41 years old
07:58 - Age:
41 - 45 years old
08:49 - Age:
45 - 51 years old
09:55 - Age:
51 - 55 years old
10:57 - Age:
55 - 61 years old
11:49 - Age:
61 - 65 years old
12:44 - Age:
65 - 71 years old
13:32 - Age:
71 - 85 years old
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Hello Aluxers! Are you a low, median or high earner for your age bracket?
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No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation.
its not good to put an agoe on your income thast is just another excuse for us humans to go crazy
@@alux what I am is broke.....I am dead ass broke
Broke, disabled, and mediocre lol. I am disabled, but in all seriousness I really appreciate this channel, it always gives me hope and drive to do better, and I watch several of your videos every day. I just sold a business idea to someone on reddit who owns a marketing agency for a promise of 3% of net profits every month generated by my idea for the rest of my life. I don't want to leech off of the government for the rest of my life just because I can't survive on my own.
Low, but I'm also a full time student😁(. . . and no I don't take loans; and no my parents aren't rich!😂😂😂)
Correction, no.🧐🤔
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like *Layan Talia Chokr* who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
1)16 to 21 - (LE:750 Monthly HE:3K Monthly) / (Median:22K Yearly) (Top 1% - 90K Per Year).
2)21 to 25 - (LE:1.25K Monthly HE:4.5K Monthly) / (Median:35K Yearly) (Top 1% -150K Per Year)
3)25 to 31 - (LE:1.85K Monthly HE:6.5K Monthly) / (Median:50K Yearly) (Top 1% - 275k Per Year)
4)31 to 35 - (LE:2.5k Monthly HE:8.5K Monthly) / (Median:60K Yearly) (Top 1% -350K Per Year)
5)35 to 41 - (LE:3.5K Monthly HE:10K Monthly) /(Median:65k Yearly) (Top 1% - 425K Per Year)
6)41 to 45 - (LE:3.85K Monthly HE:11K Monthly) / (Median:75K Yearly) (Top 1% - 700K Per Year)
7)45 to 51 - (LE:3.85K Monthly HE:11.5K Monthly) / (Median:85K Yearly) (Top 1% - 800K Per Year)
8)51 to 55 - (LE:4k Monthly HE:12.5K Monthly) / (Median:80K Yearly) (Top 1% - 750 K Per Year)
9)55 to 61 - (LE:3.75K Monthly HE:10.5K Monthly) / (Median:75k Yearly) (Top 1% - 500K Per Year)
10)61 to 65 - (LE:3.65K Monthly HE:10k Monthly) / (Median:70K Yearly) (Top 1% -450K Per Year)
11)65 to 71 - (LE:2.5K Monthly HE:10K Monthly) / (Median:60K Yearly) (Top 1% - 450K Per Year)
12)71 to 85 - Median :47.5 K Monthly
Bonus - Only 3.5 M Americans Earn 1M + Yearly.
Writing from Canada. I grew up below the poverty line and went into state care at 13. Now I'm a Director in Risk Management for my country's largest bank. I make more than the median for all age brackets and am just shy of the high end for my age range. Education has provided the biggest ROI of any investment in my life.
Congrats Robert!
Then I'm broke
we all are bro
@@stay.in.school. kids my age earning 30K a year and here I am still living with my parents 😭
Yah its tuff outcha brodie
That’s pretty much most of us
It’s bad out here fr
This is specifically for the United States. You have to factor in cost of living into the equation. eg the median income in the UK is nowhere near £67,000 for men 45-50, unless you are talking about professional men -- which is 20% of the population. If you're 50 and making £67k in the UK, you are in the upper bracket of income earners. Even amongst bankers, lawyers and doctors the median income is about £150k.
You get taxed over 50% of your income once you're in the high income tax bracket anyway, so these salaries being talked about aren't even really take home pay.
Damn!!! $4600 a month at Age 27 seems I need to get outta this trap!!! And get in that 1%...Starting my Trucking Company in months, my buwin3ss plan is already completed!! Please wish me well Aluxers!! AAs a future 1 percenter, I will be back here to give my Testimony 💪💪
Out of all the financial institutions on CZcams you are the only one who gives the easiest way to get rich. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject..Thanks to Laura Ferguson the lady you recommended.....
I always wanted to trade for a long time but the volatility price has been confusing.
I'll advise you to work with a financial advisor....Building a good investment portfolio is more complex so I would recommend you seek
You're right Ms Laura Ferguson, guided me thru the process of making a sound financial decision for my family. Most importantly, the lady took the time to make sure we understood every aspect of the transaction until we felt 100% comfortable."
just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
inflation has putting so many families into difficult situations, the inflation has taught people the important of multiples income
I'm 43 and I'm no where near 35 😂 Damnit
You can increase this with strategy. 1. look at the jobs in your field, which are paying 40k on Indeed. See what the job description says. 2. Learn everything in the job description. you can do this in a year. Take a niche course in your field (the most demanded in the job descriptions). Get your current company to pay for the course (selling how it will benefit the company/your boss personally). 3. After the year, jump ship to another company in the same industry -- apply for 40k jobs -- tell them you will accept 35k becuase you like the company. 4. after a year, apply for another job (40k) until you get an offer, then tell your current employer what the new job is offering. there are cv / resume analysis programs online which will tell you what you are worth. always ask for 10% more than you are worth. apply for jobs you would not normally apply for, leveraging your personal skills (as opposed to your professional skills). before you accept any job, negotiate. there are some good videos on youtube about negotiating salary. there are a couple of other things: read leadership books and biographies (and How to win Friends and influence), buy new clothes and shoes and a new watch. they dont have to be expensive.
I’m sure 70% of people are in the same boat including me 😅 there’s no timeline to these things.
Depends where you live. In NYC income of 100k will put you below poverty line.
My life became kinda sweet when I started watching alux. I stopped watching for like a year or two now I’m back fcked up here on my knees trying to learn something again🤦🏽♂️
We welcome you back with open arms
we dont need income, what we need is heritage and property
If i were earning $2,500 per month in Nigeria, im balling out of control in the upper class.
Those outside the US and Europe shouldn't just convert these nmbers to their currency. You should remember that the cost of living and avg income are a lot lower elsewhere, so even if you're in the mid or low-end of the spectrum in this video, you're still probably better than 90% of your peers if you live outside the US and Europe ❤
How does a high school kid get 3 k a month
Rich parents? 🤷♂️
That's minimum wage in California
Not only is united states but the start you are in Michigan minimum is like 30/ hour Georgia minimum is like 10
Pharmaceutical sales
I got a job doing construction at 15 and was making 3,500 a month by the time I was 17. No high-school for me, but I've continuously pursued self-education, and now, at 24, I am on track to make 140K this year. I now work on gas and oil pipelines, and I have a small concrete business where I pour people's driveways in my time off.
I guess I'm killing it then. Thanks Alux for going easy on us this round with the income by age lol.
It would really helped if you converted salaries in burgers.
This is actually a really good idea
Slightly above average in Japan for 25-35 and it’s lower than a low range 16-25 year old when the Xchange rate is ¥160/$
Are these salaries before tax (gross) or after tax (net)?
I’m closer to the break through but not there yet.
I am happily watching in India, if I use PPP I'm median, if I check age and industry, it is still fairly high😅. 1.4 million usd sounds ok if you own property to live in and have good health and better insurance
My earnings as a taxi shrunk from $20-$25 an hour to $15 an hour thanks to over hiring practices in the industry. There's supposed to be a cap on the number of taxis on the road but it's not being enforced. I have to spend nearly every day working to have disposable income. Combine that with a 2009 job market and it's created a hole for me that's difficult to get out of. Transportation companies don't want drivers to make any money, even though we're the ones bringing in the revenue!!!
From a developing country and i earn 1500-2000/month as a freelancer..I'm 22
Sounds pretty good, keep it up big man
Congrats!
@@alux thankyou .. following Alux and following lessons from the app such as ‘freelance mastery’, ‘mastering negotiation’, and ‘building a personal brand’ also really helped me. Looking to make it to the top 1%
@@Doxseinhaha.. thanks a lot😁
what freelance you do bro and i also do freelance and earn 800-1000 usd a month
Happy Sunday/Feliz Domingo 🫡!
$3,000 a month "High income?" Not in Miami 😂 thanks to lovely latinos / Europeans flocking here (rent) and Gov DeSatin artificially "increasing demand" and making supply "scarce".
What are you talking about Latin people been there since the 70s & 80s, it’s just wasn’t as popular
I'm right here with you man. We have a special inflation in Miami compare to the rest of the country. By the way it's a lot of New Yorkers too moving down here.
@@sese79 don't get your boxers or panties in a bunch I'm half Latino I'm simply saying that "artificial demand" is what made this damn City so freaking expensive in the first place that's all I'm trying to say
@@wolfofallstreets3155 where is the sixth borough of New York City? (Boca Raton, FL 😂) I was born in New York but we moved here in 1987
@@sese79 yeah ok
Im 44 years old, i work in IT, and im 85k usd a year, so a little higher that the median ! From France. Choice ❤❤❤
29 years old I’m a chiropractor making 170k a year I live in Toledo. I am a w2 employee
Congrats, you’re doing great
ask dr diddler what happens to those too big for their britches....
I’m a high wage earner, living on the East Coast and working in Education as an administrator. Peace.
Wow I'm doing better then I thought.
44 yrs, high earner, private investments
Congrats
Good afternoon everyone! I ay not comment as oftenas I should, but I am constant and loyal to ALUX. As a Tax Accountant in the field for decades now and one thtat prepares THOUSANDS of tax declarations every year I must say your numbers are pretty darn close. GOOD JOB ALUX. keep up the amazing job you do and you will keep me coming back...
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
The honest advice Just buy Gold and protect your assets, the stock market is a rollercoaster
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.
@@perefeghaandrew8076Wow it seems you're conversant with the market, can you please share some insights on how to get the best from it,
Honestly As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.
I’ve been just in the top 1% of earners since Age 40. I’m a physician and basically on a salary ( not a CEO or own a business). I’ve been blessed to serve, earn, and enjoy fulfillment. I am 67 years of age and would like to retire by 70. I am debt free however I am a widowed and I am afraid that besides becoming “ a no one” not be fulfilled . So that’s my dilemma. It’s sounds trivial however it is not unless you were never fulfilled and do not know the difference. ( believe me you can be getting royalties from hit songs you wrote and perform and not be fulfilled).
Second comment for the first time , like if you want to be a future billionaire
Shut up nobody cares
Did you watch the full video 😅
Man shut up
Above average for the age bracket 25-34
Congrats
@alux still wanting to move up the social ladder everyday 💪🏿💪🏿
CHOICE....Need to get high...right now Low Low🤑
These type of vids always remind me of how poor i am.
Billionarie Bindesh 😍 Prince In Exile 😎
You just mentioned Expert Laura, Indeed, wow that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I know Laura, she has really set the standard for others to follow, we love him here in the UK as she has been really helpful and changed lots of lives.
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills
Interesting! But I'm new here. How can I get to this person's guidelines??
man i am way more broke since living at south east asian as 16,350 IDR =1 USD
i got only 1300 usd without working as a college year
whatr a shame
edit : thats just saving and no struggle tbh (i dont have much need and dont felt fomo)
I'm not telling my age but on the real...I'm not struggling😉
Judging by that annoying wink and smug attitude, late teens-low 20s?
@@Daren_FOB most likely, I'd guess he makes $60k+ ish
Choice but I had a stroke at 50 so I work from home as a guidance counselor.
Only God gives you power to get wealth! Believe!
It is true.
😂😂😂😂😂😂god doesn't exist
@@ARUchannel1
I am a living and breathing witness of hell.
I also saw Jesus Christ.
Remember, you are already in heaven. Matt 6:5, Genesis 1.
The light from your life is hurling away from you at light speed. You don't press pause, you don't press stop. Said "the secret". "AS ABOVE SO BELOW", seems like universal ancient wisdom, even the Aztecs shared.
My opinion is since 80% of the universe is dark matter, which does not interact with the electromagnetic/light, we CAN shed light on it. All religions say, BOW YOUR HEAD AND CLOSE YOUR EYES AND VISUALIZE.
I am below the median for my age group; I am not giving up. I shall pray to God have faith in him then put in the work and fight my way into wealth.🙏🏿✍🏿💪🏿
Age-41
$12,000-$16,000/M. “Gross”
Approximately $175,000 annual
Lives in Long Island / NYC area NY
You’re doing great! Congrats
I’m a lady in the UK … I earn £172, 240 a year. I’m in the extremely high income bracket but not sure where this money goes.
You need to read the Millionaire Next Door. Have a yearly income.
Know the feeling girl friend 💋
I'm a median wage earner, I work in healthcare.
Your giving me the blues.
I'm at the median for my country
Are these salaries net or gross? That’s important to know.
CHOICE
İt is really funny to watch this video in Turkey
Is this income per month before taxes?
Please share in Indian currency because according to this statistics i can't find relevant to me seriously in India 30000$ is 18lacs a year which is not getting at any point if you are in medium industry for this kind of income we have to pass Jee Or Neet Exams or be an doctor
I am Slightly above median, that’s a nice mental boost. Thanks for posting this video!
I’m 30 years old I make around $6,500-$7,500 a month as a tattoo artist. I thought I was doing bad until now 😂
This was a great video. I understand what I need to do to survive. 45-51 I understand now thank you Alux.
40 y/o and living in middle GA USA. Gross around 100K/year and still can't make it supporting a family of 5.
90k year . Process assistant at Amazon .32 years old
Great video! This really put my career in perspective and I feel better about it now.
To be honest I have a low income of just $200 a month.
Before I watch the video I click like already I know Alex will deliver quality
Very realistic numbers. CHOICE
Choice ❤ thanks for wonderful video
I would have been rich at my age but my currency is Pesos🤣
Didn't you already create this
I'll make sure to show this to my boss. Maybe I'll finally get that raise after these years
may i know the figure is us based or in general globally? and pre or post tax?
US, CA + Western Europe. (We mention it at the beginning of the video)
Pre or post tax? @@alux
No notice.
High Earner at 34. Engineer. not 1% tho. Just over the high end
Congrats
CHOICE and,
Q) Are you a low, medium or high earner for your age bracket?
A) Sorry Alux, I do not know what katagory that I will be in the future.
however, at the level that I am on. I feel like I am a low earner right now because I am making $0 for my age at 24 years old
Choice, I want to know how long is this offer for before you with draw it 😮.
Okay, watching this and ready for a laugh
😮💨 I have an Architecture Degree, and I'm very low despite living in the US…. Wow, this video makes me feel very poor 😂
A.I. took her job!! 🤖👽
Oh lawd I just realized that might be true
Oh lawd I just realized that might be true
This video refetences white collar jobs............I started not to watch this b_c i knew if br depressrd. Im in the #8 stage of life.....im at the median income level due working in a warehouse environment, doing physical labor (hate it). Atp, ill need to hit the fooking lottery to be in the 1%. Alas, im thankful for gainful employment.
130k at 43
I will be forever grateful to you, you changed my entire life and I will continue to preach in your name for the whole world to hear that you saved me from a huge financial debt with just a small investment, thank you David Wilson
Investing a in crypto/forex is a good idea, a good trading system would put you through many days of success.
Yes! I'm celebrating £32K stock portfolio today...
Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family an...
To obtain financial freedom, one needs to be a business owner, an investor, or both, generating passive income, particularly on a monthly basis.
I'm trading both stocks and crypto! Thank you, my man! David wilson clark You have no idea how much this helps me! I'm in $158k in the hole for fighting and winning my rights as a father and beating some illnesses, including cancer. I've been following you, having success with your moves during my breaks at work, and I want to give props where it's due! Thank you and LFG! 100
Lately i got interested in crypto but has no idea how to go about it. Can anyone Help with a reliable tra-der?
Needed to learn this.
Good morning…..
Choice 🎉
I'm at number 10 and make number 2 or 3, I have a long way to go. I still have the drive.
It is my choice to be in the 0.01%
All my life I have been at the low end or under. Retirement is not possible now. All I have is debt.
I have serious work to do since I just entered a new age bracket!
Love your videos. They make me laugh. It's obvious you don't live on planet earth. I live in the uk I'm 60 yrs old and earn £31,000 a year. I don't need 1.4 million to retire. As I already have enough to do that...... keep up the good work. I've been entertained 😅😅😅😅😅
I think they mean you need 1.4 million in savings in order to earn enough interest to comfortably live off it passively.
@googleit7444 then leave it all to your children!!
kkkk sretanejo? ah vá. tecnologia não é pra isso.
Choice. Ive made top the end of every video.
Ziyakhala
I work 2 jobs. i invest in crypto stocks, bonds, and renovating a duplex. I just turned 40, so it looking good. No kids as of yet too
Chance
you shall do one such for INDIA as well
1 percentismy goal100 acres ranch beechcraft kin air b200 and a ford rr rack
Choice
I'm 37. I work as a tour guide in Las Vegas, between base pay and tips I gross about $95k. I'm currently working on starting my own tour business, the first 18mo I expect to either meet that or lose about 5-10k. After that point I will be able to start scaling the business and a year from that point I should be able to easily double that. This tour company is just a start to another business that I want to create but it requires a lot of capital to get started. One thing I need to get comfortable with is investing. I am a very calculated risk taker so gambling is out of the picture for me, that also includes stock and other similar investments but I know that I will have to start investing my money because at a certain point you are losing money just holding onto cash. Btw, this is all presumptive that Trump wins the election and we do not have a complete economic collapse, WW3 etc. God Bless Trump and God Bless the United States of America.
I hope your wrong!
CHOICE!
CHOICE high earner, Educator, Real Estate, stocks, crypto
Choice!
I’m poor 😅
I am a Retired Registered Nurse here in California. Based on this Alux info, I am poor. And guess what, I worked for 41 years as a Nurse. 😢😢😢
You are right about the topic