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This question is about average american income.
How much does the average person make in a lifetime?
The average person earns $1.7 million during a lifetime. This can be extrapolated from using the average median American salary of $50,000 per year. It also stimulates that the average American works for at least 20 years before retirement.
Here are some other stats concerning this question:
If the average American works for 20 years for a median salary of $50,000, they will make close to $1.7 million over the course of their lifetime
Almost 35% of a person's earnings will go to taxes over the course of their lifetime
Oil executives have the highest lifetime earning average, earning around $626 million over the course of their lives
Those who have bachelor's degrees will have a higher average over their lifetime than the average American, this figure comes in around $2.8 million
Americans spend close to $130,000 from their salaries on interest fees during their lifetime
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