It’s important to remember that the Census Bureau revises median income numbers twice a year: May 1st and November 1st. If your income is close to the current median income amounts and you are planning on filing bankruptcy around either of those times, make sure you check with your lawyer...
The median net worth amounts by age show that Americans are better off than what the median net worth for the middle class indicates. If you're retiring at 64 with $187,300, you'll likely be fine so long as Social Security is still around. The average net worth amounts by age are...