Average American has net worth of less than $50k?

Discussion in 'Wall St. News' started by a529612, Mar 6, 2007.

  1. You're saving 'too much' for retirement!
    Start living for today, stop wasting all those management fees

    ARROYO GRANDE, Calif. (MarketWatch) -- Yes, you're saving too much for retirement. But isn't that counterintuitive in today's uncertain world, where more is never enough? No, because there's some powerful new research to prove it.

  2. fusionz


    who knows, I see all sorts of estimates, from 30-300k. In reality its quite difficult to figure out and people just find a number that fits in with their point of view.
  3. It ebbs and flows with housing value appreciation, since saving money is a lost art and actually discouraged in American culture. Charge it!

    When we get to the depreciating home value era, which has just begun, the real pain begins.
  4. Rediculous point he's making.

    Punching numbers into an online financial calculator != actually saving that money.
  5. Actually... this is incorrect:

    The average American street person has a net worth of $50,000.