RE: The Goldilocks of Money

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The Goldilocks of Money

in money •  5 years ago 

Nobel Prize-winning economists Angus Deaton and Danny Kahneman at Princeton University published a study a few years back and came up with a figure of $75,000 USD/annum as the point at which happiness peaks. But "satisfaction" is a slightly different metric, more related to long-term goals and not day-to-day "happiness." (May need to adjust for inflation since 2010 and variability in cost-of-living worldwide.)

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I think 75k a year under current circumstances would be more than enough for me to live a satisfactory life. I'd love to know whats the % of the world that actually earns that much money