If you have read my articles for a while, you know I am a big fan of studies that give a perspective of where the average American stands financially, such as net worth by age.
Now, let me be clear: I wouldn’t use the studies as a basis for a financial plan by any stretch of the imagination. These studies don’t mean people are in a good or bad financial situation. Plus, they include a large contingent that lives below or at the poverty line.
