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wordpad25 | 1 year ago

average and median inheritance is tiny, few thousand dollars

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gruez|1 year ago

The article specifially acknowldges this.

>If you consider this as a whole, the growing importance of inheritance starts to become clear. In Britain one in six of those born in the 1960s is projected to receive an inheritance that exceeds ten years of average annual earnings for that generation. For those born in the 1980s, the ratio rises to one in three. The inequality of what people inherit, meanwhile, is startling. A fifth of 35- to 45-year-olds are expected to inherit less than £10,000 ($13,000), whereas a quarter are expected to inherit more than £280,000.

Moreover, how does this fact disprove the article's thesis? Is the implication that because less than 50% of people are getting giant inheritances, everything's fine?