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Home > Stephanomics > Episode 21: What Are Your Odds of Becoming a Millionaire?
Podcast: Stephanomics
Episode:

Episode 21: What Are Your Odds of Becoming a Millionaire?
Category: Business
Duration: 00:24:08
Publish Date: 2016-01-21 14:01:03
Description:

Who wants to be a millionaire? Most people we know, at least. But individuals' odds of accumulating that much wealth diverge wildly as race, age and education are factored in, according to an exclusive dataset created by the Federal Reserve Bank of St. Louis for Bloomberg News. Researchers William Emmons and Bryan Noeth join Aki and Tori to discuss the way these three traits shape financial success, and how the deck is clearly stacked against some Americans.

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