Articles About Net Worth
- Author:
- Tom Silva
- Posted:
- 06.19.2012
Median Family Wealth Slid 40 Percent During Recession
While the American public was bailing out Wall Street, those same taxpayers saw their families’ net worth decline by nearly 40 percent. The recession took roughly 20 years of Americans’ wealth, according to government data, with middle-class families faring the worst. According to the Federal Reserve, the median net worth of families plummeted by 39 […]
- Author:
- Tom Silva
- Posted:
- 11.23.2011
Generation Gap in Americans’ Net Worth
Households headed by older adults have made impressive gains when compared with those headed by younger adults in their economic well-being over the past 25 years, according to a Pew Research Center analysis. In 2009, households headed by adults aged 65 and older had 42 percent more net worth (assets minus debt) than households headed […]