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To: SeekAndFind

Lots of numbers here. No real information.

So how much is the average debt per family?


4 posted on 08/20/2019 12:46:41 PM PDT by Responsibility2nd
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To: Responsibility2nd
Ditto, the article tells me nothing useful (and I did click through to the article).

Average debt per family is a more useful metric.

I love comparing my situation to the "average", whether it be debt, retirement savings, or income.

Always well up in the 90th percentile of each group. That's how I know I'm doing pretty well.

I'm really concerned with what will happen when all the Baby Boomers retire. Most of them have under $200K in retirement savings and Social Security alone is not going to cut it for most of these folks.

I see a big tax grab for those who did manage their finances properly. The Fable of the Ant and the Grasshopper comes to mind.

8 posted on 08/20/2019 12:53:16 PM PDT by SamAdams76
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To: Responsibility2nd

128 million households in the US. I agree the information was pretty much useless.


16 posted on 08/20/2019 1:10:21 PM PDT by doggieboy
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