To keep it simple,the average millennial net worth is $549,600.But whoa, that's a bonkers figure. And it's skewed because of outliers. A better gauge is median (i.e. the middle figure):the median net worth of millennials is $135,600.That's still a massive improvement from when we...
Middle-class Americans' wealth virtually stopped growing somewhere around the turn of the 21st century. Themedianincome for middle-class Americans rose at an average rate of 1.2% per year from 1970 to 2000. The rate slowed to 0.3% per year from 2000 to 2018. The wealth of the top 1% con...
Add to that the disruption of supply chains, talent shortages, and the reduced (and altered) demand that has come with the pandemic. Retention in this industry can be a tough nut to crack. So, is it worth focusing on retention in the same way you would in other industries, or should ...
What is more telling with the chart above is that stocks and bonds produced more net worth gains than real estate did. Of course this has to do with the impressive bull run we have had since the lows in 2009. How much of this money is flooding into real estate? In places like ...