Just a thought I had, like what can a ten year old do(besides mass murder & accidents) that messes up their life so badly that it is unrecoverable?
It has to be something that is self inflicted and not something that is the cause of others around them.
I think the changes of that happening are statistically neglible, though (comfortable maaaaybe if you’re really lucky but becoming rich is probably a one digit change, if that).
It takes work, and if people don’t want to put in the work then they will never get there.
It takes education, you can work your whole life at being a pro golfer, but if you never receive guidance, you will not reach your potential.
Being a pro golfer isn’t the only way to make money.
Working isn’t the only way to amass capital either. In fact, it is surely the slowest method.
Socioeconomic mobility over a lifetime in the U.S. has always been dramatically overstated, but in the past 20 years its gradually gotten worse
2012 was 12 years ago, mind you.
Also found this 2021 Guardian Article that claims
Thanks for that! So my hunch seemed to be oretty right, unfortunately (not sure if it should be everybody’s goal to become rich, that seems unsustainable but I wish it would be possible for more people to live a happy life …)