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Wow some very high incomes there. The point that I like from the study in the OP is that most of the millionaires don't/didn't have super high incomes. They're just normal people who worked hard and saved hard and invested their money over their long lives. Which means that even I have a...

any degree is wasted on someone who lives only in their own head

Let's not get the reliability of newspaper articles mixed up with actual research. Apart from surgeons, the other 2 professions are not as well off as some would like us to believe. Don't you have any friends in finance who were house mums and dads for years after the GFC? And we all know...

Totally agree with this - I'm sure most do. And then when you get out of uni you may feel like you need to travel, too. Poor for a bit longer. Then you have to get a job when you get back home - not so easy if there's a recession on. Meanwhile, friends who didn't go to uni have bought nice...

I wonder if Dr Stanley was involved in this study - seems to have all the hallmarks. 1m is comfy but not really rich. Then again, they got this way because they saved and invested instead of showing off, as we know - so don't need a silly income. I like these studies 'cause it dispels some of...