Thursday, January 29, 2015

Is this the year you join the top one percent? Affluence more fluid than once thought

Here's some good news for the New Year: According to new research, there's a 1 in 9 chance that a typical American will hit the jackpot and join the wealthiest 1 percent for at least one year in her or his working life. And now the bad news: That same research says only an elite few get to stay in that economic stratosphere -- and nonwhite workers remain among those who face far longer odds.

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