According to a 2015 US study by Federal Reserve researchers, if you're not wealthy by the age of 45, it's extremely unlikely you ever will be.
The researchers studied Social Security Administration data from 1978 onwards, looking at how men's earnings evolve over time. They found that, for the average male worker in the US, "the bulk of earnings growth happens during the first decade" of their working life - typically between the ages of 25 and 35. Men can expect to see smaller growth in earnings from around 35 onwards - and then, after the age of around 45, earnings will typically stagnate or decline, particularly for those already in lower-earning brackets.
The researchers studied Social Security Administration data from 1978 onwards, looking at how men's earnings evolve over time. They found that, for the average male worker in the US, "the bulk of earnings growth happens during the first decade" of their working life - typically between the ages of 25 and 35. Men can expect to see smaller growth in earnings from around 35 onwards - and then, after the age of around 45, earnings will typically stagnate or decline, particularly for those already in lower-earning brackets.
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