Originally Posted by HowlerKarma
An interesting question occurs to me, however, in light of this along with Val's data (from that paper) about wealth and IQ.

Are higher IQ's correlated with better financial management of the income that the family unit does have?

That is, maybe income is averaging only 110K for people with IQ's in that 130+ range, but does wealth also plateau? Or does it rise out of proportion to the income?

Wealth only depends on the percentage of money that you are saving and the rate of return the savings.

Is now a good time to give you the bad news on how much money that you have to save in order to *ever* retire and not outlive your money?