There is no $75,000 income happiness threshold, psychologists Daniel Kahneman and Matthew Killingsworth say. For most in the U.S. earning up to $500,000, more money can bring greater satisfaction
this month in the Proceedings of the National Academy of Sciences, overturning the dominant thinking that people are generally happier as they earn more, with their joy leveling out when their income hits $75,000.
But in 2021, Killingsworth, a happiness researcher and senior fellow at the University of Pennsylvania’s Wharton School, found that happiness does not plateau after $75,000, and that “experienced well-being” can continue to rise with income well beyond $200,000.Kahneman and Killingsworth said their latest study was an “adversarial collaboration” where they pitted their theories against each other with the help of an arbiter. The latest research adjusted for inflation, they said.
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