Poll of the Day > This graph on savings rate and spending in the US is fantastic.

(+) Yeah! (+)

Savings rate at different income percentiles. Could use a title. Take it all with a grain of salt. Some uncertainty in these things and methodology and what withdrawal rate counts as retirement but for an approximate graph its dope.



Edit: including second graph

Same graph, but years needed to work until retirement replacing percentile numbers.

How interesting. Would you be able to determine the points at which each respective curve on the graphs becomes concave-up?
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i like how the legend only descirbe one of the 10 lines on the graph

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if I'm reading the chart correctly the 40th percentile is the breaking point where people should be getting government assistance

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I like the way the blue and the green together

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Misread initially. Thought it was showing distributions of spending (across all us households for example) at various income percentiles, which I would find more interesting

This is essentially a 2D transformation of income by plotting the percentiles vs absolute dollar amount (top of purple curve), then just multiplying the y value by 0.9, 0.8 ... 0.1

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Clench281 posted...

Misread initially. Thought it was showing distributions of spending (across all us households for example) at various income percentiles, which I would find more interesting

@Clench281

I'm going to try to see if I can make anything interesting out of data from consumer expense surveys since they provide the data. There's some trends I want to see like the one you mentioned.

But, you might enjoy some of their pre-made tables such as the following, which does have a breakdown on things like how much money spent on different types meat by income. It would be nice to have percentiles also...sounds like this has blog potential.
https://www.bls.gov/cex/tables/calendar-year/mean-item-share-average-standard-error/cu-income-deciles-before-taxes-2019.pdf