The conversation about the impact of education on future income continues!
In this episode, Austyn Whittenberg discusses the income thresholds for being in the top 10% and top 1% of earners in the United States. He highlights the impact of education on income, stating that college graduates earn significantly more than those with only a high school degree.
Austyn also discusses the relativity of wealth based on location and lifestyle. This episode aims to enlighten you about the relevance of a college degree in increasing income and achieving higher income levels.
Austyn discusses:
A deeper analysis of the impact of education on income levels
The different income thresholds in the United States as of 2023
The relativity of wealth & why income levels feel different depending on where you live
The American Dream: What does it take to achieve this in the modern day?
What does it take to join the top 1% of America? How much richer are they compared to the average American?
Let’s find out.
In this episode, Austyn Whittenburg discusses wealth accumulation trends and the net worth of different population percentiles.
Using Federal Reserve data, Austyn highlights the rise in home values and car prices, and the impact of education on net worth. He also discusses the influence of different levels of education in you and your family’s financial planning processes.
Austyn discusses:
The impact of education on American’s net worth
Key findings from the Federal Reserve about the American wealth divide
The difference between median and mean net worth + how this difference can create misleading headlines
Various statistics surrounding the different income classes of America
With bonds in a laddered format, there is an opportunity to potentially increase your income stream with each passing year.
In this episode, Austyn Whittenburg talks with Scott Tallman, vice president at Belle Haven Investments. He shares how he is helping position people in the bond market and how the bond ladder impacts decision-making for bidding directly on bonds.
Scott Tallman is the vice president at Belle Haven Investments, an independent, boutique fixed income manager. The firm specializes in building separately managed taxable and tax-exempt portfolios. Belle Haven has been managing portfolios since 2002. We are uniquely committed to serving consultants and advisors along with the institutions, foundations, family offices and high net worth individuals whom they represent. Our team’s expertise and focus in one asset class have resulted in award-winning strategies. Our goal is to provide an unrivaled level of service, reliability and customization to our advisors in building what we hope are partnerships for years to come.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as
interest rates rise and bonds are subject to availability and change in price. Bond yields are subject to change. Certain call or special redemption features may exist which could impact yield. Municipal bonds are subject to availability and change in price. They are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise. Interest income may be
subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply. If sold prior to maturity, capital gains tax could apply. There is no assurance that these techniques are suitable for all investors or will yield positive outcomes. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alpha measures the difference between a portfolio’s actual returns and its expected performance, given its level of risk as measured by Beta. A positive (negative) Alpha indicates the portfolio has performed better (worse) than its Beta would predict. Beta measures a portfolio’s volatility relative to its benchmark. A Beta greater than 1 suggests the portfolio has historically been more volatile than its benchmark. A Beta less than 1 suggest the portfolio has historically been less volatile than its benchmark.
