Introduction
Making six figures is the dream of many, but the reality is that it’s a difficult goal to achieve. According to recent statistics, only 2% of 25-year-olds make over $100,000 per year. However, this number jumps to 12% by the time they reach 35, and 21% of 66-year-olds make $100,000 or more. This article will explore the percentage of 25-year-olds who make $100,000 or more, and how this number changes over time.
Percentage of 25-Year-Olds Making $100K
At 25 years old, only 2% of people make $100,000 or more per year. This is a relatively small percentage, and it can be difficult to achieve this level of income at such a young age. To make $100,000 or more, 25-year-olds must have an advanced degree, a specialized skill set, or a high-paying job.
Percentage of 35-Year-Olds Making $100K
By the time they reach 35, the percentage of people making $100,000 or more increases significantly. 12% of 35-year-olds make $100,000 or more per year. This is a 500% increase from the 2% of 25-year-olds making $100,000 or more. At this age, people are more likely to have higher-paying jobs, more experience, and more specialized skills.
Percentage of 66-Year-Olds Making $100K
At 66 years old, the percentage of people making $100,000 or more per year is even higher. 21% of 66-year-olds make $100,000 or more per year. This is a considerable increase from the 12% of 35-year-olds making $100,000 or more. At this age, people are more likely to have higher-paying jobs, more experience, and more specialized skills.
Conclusion
Making $100,000 or more per year is a difficult goal to achieve, especially for 25-year-olds. Only 2% of 25-year-olds make $100,000 or more per year, but this number increases significantly by the time they reach 35 and 66. By 35, 12% of people make $100,000 or more, and by 66, 21% of people make $100,000 or more. This shows that, with experience and specialized skills, it is possible to make six figures.