I'm having trouble finding these numbers for our current congress, but in 2009-10, out of 435 House reps 168 had law degrees, 83 had a masters degree, 23 had a PhD, 17 had a medical degree. 32 had nothing beyond an associate's degree; that leaves 109 with just bachelor's degrees. All numbers according to https://en.wikipedia.org/wiki/Members_of_the_111th_United_St...
Your typical person with an advanced degree in their late 50s probably has some retirement savings. And note that the cited article says some of the numbers (but not all!) include the values of the House members homes. It's really not that hard to hit $800k if you count home equity and retirement savings, assuming you have any reasonable amounts of either...
For example, http://www.slate.com/articles/news_and_politics/explainer/20... claims that as of 2009 the age of US House members averaged 57. I doubt they've gotten younger on average since.
I'm having trouble finding these numbers for our current congress, but in 2009-10, out of 435 House reps 168 had law degrees, 83 had a masters degree, 23 had a PhD, 17 had a medical degree. 32 had nothing beyond an associate's degree; that leaves 109 with just bachelor's degrees. All numbers according to https://en.wikipedia.org/wiki/Members_of_the_111th_United_St...
Your typical person with an advanced degree in their late 50s probably has some retirement savings. And note that the cited article says some of the numbers (but not all!) include the values of the House members homes. It's really not that hard to hit $800k if you count home equity and retirement savings, assuming you have any reasonable amounts of either...