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That is an average of 2.5% inflation. It’s really more of an issue of inflated cost of Healthcare and stagnating wages as a result. Of course this is just one contributing factor, bit it is a huge one.
$100k per year is the equivalent of $57k/yr in 2000. Inflation has gone wild in the last 20 years.
That is an average of 2.5% inflation. It’s really more of an issue of inflated cost of Healthcare and stagnating wages as a result. Of course this is just one contributing factor, bit it is a huge one.
Which is why 100k is a reasonable ask. 50k would have been reasonable in 2000.