21 percent of people in US are rich at some point in their lives
December 10 , 2013
Reports suggest that 21 percent of working-age adults in the US are wealthy for at least one year before turning 60.
The AP noted that this income group, comprised largely of older professionals as well as educated singles and married people, is the country's fastest growing.
The new rich are the ones who make an income of $250,000 or more for at least a little while in their lives. The group, which makes up about 25 million of the households in the US, has reached the top 2 percent of the earners and are expected to fall below it.
This may pose a barrier to fixing the income inequality in the nation.