As the stock market soars to new highs, here’s some sobering statistics to consider.

The stock market is at an all-time high but Americans Owe More, Save Less, and are Poorer Than in Decades.

Negative Wealth Percentage On the Rise

Sobering Stats

  • A greater share of Americans have more debt than money in the bank than at any point since 1962, according to Deutsche Bank economist Torsten Slok.
  • 30.4% of US families have negative net worth despite the recovery in housing and the stock market.
  • Median net worth is below where it was in 1989.
  • Inflation adjusted, net worth may be the worst in history. $78,000 is not worth what it was in 1989, to say the least.
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