**After $75000 (in 2010), increased wages do not increase life satisfaction.** In 2010 the authors of Thinking Fast and Slow, Daniel Kahneman and Angus Deaton performed a study in which they found that there is a positive correlation between income and subjective ratings of overall life satisfaction, but that correlation only exists between $0/year and $75k/year (2010 dollars). After $75000, increases in salary did not increase reported measures of life satisfaction. Today that’s: [https://www.wolframalpha.com/input/?i=%2475000+in+2010&assumption=%7B%22C%22%2C+%22in%22%7D+-%3E+%7B%22EnglishWord%22%7D&assumption=%22HMConvertOrder%22+-%3E+%7B%22ThenToNow%22%2C+%22%2475000%22%2C+%222010%22%7D](https://www.wolframalpha.com/input/?i=%2475000+in+2010&assumption=%7B%22C%22%2C+%22in%22%7D+-%3E+%7B%22EnglishWord%22%7D&assumption=%22HMConvertOrder%22+-%3E+%7B%22ThenToNow%22%2C+%22%2475000%22%2C+%222010%22%7D) In [[Your Money or Your Life]] this is referred to as the Money/Fullfillment Curve, and drawn out like an inverted U curve. **** # More ## Source - [[Thinking Fast and Slow]] - [[Your Money or Your Life]] ## Related - [[Law of Diminishing Returns]] - [[Happiness is Relative]] - [[Enough is Hard to Recognize]] - [[Enough Money]]