Kahneman and Deaton reported a plateauing (satiation) of emotional well-being at an annual household income of approximately $75,000.
Sources
- Higher income is associated with greater life satisfaction, and more stress (nature.com)
- https://www.princeton.edu/~deaton/downloads/deaton_kahneman_high_income_improves_evaluation_August2010.pdf (princeton.edu)
- https://www.pnas.org/doi/10.1073/pnas.2208661120 (pnas.org)
- https://spia.princeton.edu/sites/default/files/content/docs/news/Happiness_Money_Summary.pdf (spia.princeton.edu)
- https://www.psychologytoday.com/us/blog/evolution-in-daily-life/202208/why-money-doesnt-buy-happiness (psychologytoday.com)
- https://penntoday.upenn.edu/news/does-more-money-correlate-greater-happiness-Penn-Princeton-research (penntoday.upenn.edu)
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