Saturday, January 31, 2015

Net Worth in America

This is more proof we have a retirement crisis in America. USA Today shows us the net worth of American households as of 2011. While average net worth has probably grown since 2011, it is interesting to learn how our net worth compares to households in the United States. These numbers don't paint a pretty picture for our future. From the article, here are the 50th percentile net worth figures by age group:
Under 35 Net worth $6,682
35 to 44 Net worth $35,000
45 to 54 Net worth $84,542
55 to 64 Net worth $144,200
Over 65 Net worth $171,135
Sources: Census Bureau, The Motley Fool, George Petras, USA TODAY Article

Tuesday, January 20, 2015

Student Loan Data for United States

Read this if you want to get a better understanding of the student loan situation in America. The full report has many interesting graphs and charts.