Sentences with phrase «year his lifetime earnings»

At the end of last year his lifetime earnings were $ 22.1 million.

For examples, men who major in science, technology, engineering and mathematics, or STEM fields, and earning a bachelor's degree achieved roughly $ 700,000 to $ 800,000 higher 40 - year lifetime earnings from ages 20 to 59 than social science or liberal arts majors.

Not exact matches

By contrast, college graduates with four - year degrees have average lifetime earnings of $ 2,268,000 — nearly a million dollars more.

So it would not be unusual for a Harvard MBA to earn another $ 3.2 million during those years to bring total lifetime earnings after the MBA to something approaching $ 6.5 million.

The Center for American Progress estimates that a 26 - year - old woman who is earning $ 30,253 and takes off five years to provide care is losing $ 467,000 over the course of her career — a 19 percent reduction in her lifetime earnings.

-- > The value of investing in relationships for the long - haul — > Investing in your health and longevity as a way to increase your lifetime earnings — > Why longer life expectancies should change the way you think about investing — > The shockingly low rate of personal savings and investment in the US — > My favorite part of the interview: whether we can reasonably expect the US markets to keep going up at their long - term average 7 % per year after inflation, or whether that was a unique period of US expansion which won't be repeated again.

«An extra $ 5,000 a year can add up to $ 500,000 in extra earnings over the course of your lifetime,» said Lauren Lyons Cole, a New York - based financial planner.

If we draw Social Security benefits at FRA on the former spouse's earnings and postpone taking Social Security benefits based on our earnings history, we can take advantage of that 8 % per year benefit payout increase effectively increasing our lifetime payout by as much as $ 100,000 to $ 200,000!

That provision brought blowback from, among others, New York Times columnist David Brooks, who called it the «worst public policy idea of the year,» saying it could reduce a graduate's lifetime earnings if they are prevented for several years from taking a more lucrative job in another state.

WHEREAS, this pay differential shortchanges women and their families by thousands of dollars a year, and potentially hundreds of thousands of dollars over a lifetime, presenting a lifelong threat to those families» economic security and reducing their earnings through Social Security and other post retirement plans; and

Webber calculated these earnings over the course of a working lifetime, from 18 to 64 years; that's 46 years or 552 months.

Past studies had relied on either one year or a limited number of years of data with projections and did not estimate the effect of field of study on lifetime earnings for those who have an advanced degree.

The reliance of the final - average - salary calculation on just the highest few years of earnings, rather than on lifetime wages (as in Social Security), creates disproportionate returns to late - career promotions.

Three years in a row of effective teachers can create permanent learning gains and higher lifetime earnings.

In a report examining the potential of the use of data in education, the McKinsey Global Institute estimates «the potential value from improved instruction to be $ 310 billion to $ 370 billion per year worldwide, largely through increased lifetime earnings (page 22).»

In a recent study, we calculated the consequences for economic growth, lifetime earnings, and tax revenue of improving educational outcomes and narrowing educational achievement gaps in the United States.1 Among other results, we found that if the United States were able to raise the math and science PISA test scores of the bottom three quarters of U.S. students so that they matched the test scores of the top quarter of U.S. kids (and thereby raised the overall U.S. academic ranking to third best among the OECD countries), U.S. GDP would be 10 percent larger in 35 years.

After the account has been open five tax years, earnings can be withdrawn tax and penalty - free for any of these reasons: age 59 1/2, disability, death, or a first - time home purchase (lifetime limit for exemption on first - time home purchase is $ 10,000)

Working longer can also boost the eventual size of your Social Security check, as each year you delay claiming Social Security up to age 70 increases your benefit by roughly 7 % to 8 % a year, possibly more since the extra years of work may boost the lifetime earnings calculation the Social Security Administration makes to determine your monthly benefit.

If you really want to be nice, you can ensure your family never has to work again for their lives with a policy in the $ 1.5m - 2m range (average lifetime earnings potential of a U.S. wage earner), but consider that, in a given year of your working life, you have about a 0.45 % chance to die, I personally don't lose much sleep with a quarter - mil coverage limit (and I don't even need a physical for that much).

To qualify for a tax - free and penalty - free withdrawal of earnings, a Roth IRA must meet the five - year holding requirement and the distribution must take place after age 59 1/2 or due to death, disability, or a first - time home purchase ($ 10,000 lifetime maximum).

Your Social Security benefit is a percentage of your average lifetime earnings and is calculated based on the 35 years in which you have earned the most.

For example, a worker earning average wages can expect a retirement benefit that replaces about 40 percent of his or her average lifetime earnings.2 If you haven't worked for at least 35 years, zeros are averaged into the calculation, which can lower your payout.

The Sutton Trust's report goes on to estimate that over a typical 40 - year career, you can expect an extra «# 200,000 of added lifetime earnings» popped onto your salary because of your postgraduate degree.

Now more than 50 years later, the former real estate developer, Dimiceli has contributed a major chunk of his lifetime earnings to help people in Wisconsin and Illinois climb out of poverty.