Duly Noted

Another clear pattern is that the income ratio at ages 55 to 59 shows a pronounced decline as the birth year increases. This means that the rise in income differences over the life cycle has become much less pronounced for individuals born more recently.

_{Quote Citation: Victoria Gregory, “The Evolution of Income Differences over the Life Cycle | St. Louis Fed”, January 30, 2026, https://www.stlouisfed.org/on-the-economy/2026/jan/evolution-income-differences-life-cycle}