Wealthy individuals typically accumulate wealth by saving a larger-than-average share of their income and achieving investment returns significantly higher than the 6-7% average real rate of return for typical stock investors.

Authors

• Person: Eugene Steuerle Organization: Milken Review
  Taxes, Government Transfers and Wealth Inequality

Sources

• Taxes, Government Transfers and Wealth Inequality www.milkenreview.org Eugene Steuerle · Milken Review via serper

Referenced by nodes (4)

• income concept
• wealth accumulation concept
• investment return concept
• wealth concept