12% of adults (25-60) will spend at least one year in top 1%. Fully 73 percent will spend at least one year in the top quintile and over half will spend at least one adult year (25 - 60) below the poverty line. Only 0.6% (.0006) will spend ten consecutive years in the top 1%. More at the link.
This tendency of most people to cycle through upper and lower income brackets some time in their adult lives might explain "What's the Matter With Kansas" - people at the 43rd income percentile don't think like someone who is always going to be there but bounce around from 22 to 65 to 58 to 91 and so on. It really screws with the modern Neo Marxist envy model when many of the 'downtrodden' are also at some point 'oppressors'.
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