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Q: savings in america ( No Answer,   3 Comments )
Subject: savings in america
Category: Family and Home
Asked by: billya123-ga
List Price: $5.00
Posted: 26 Feb 2006 10:28 PST
Expires: 28 Mar 2006 10:28 PST
Question ID: 701155
1.what is the average savings of a retired couple in america and where
can i quoate the source
2.what is teh percent of americans that have a true net worth of less than 1000
3.what is the abreage % of a families income that is spent on paying debts

i need the facts and the source to make the qute for an article
There is no answer at this time.

Subject: Re: savings in america
From: pinkfreud-ga on 26 Feb 2006 10:30 PST
You may get better results if you repost each of these items as a
separate question. At your current price, a Researcher stands to earn
$3.75, which doesn't provide much motivation to undertake three
separate research projects.
Subject: Re: savings in america
From: jack_of_few_trades-ga on 28 Feb 2006 12:18 PST
The average family has an average mortgage of $87,000.
The average family owes an average of $12,750 on their cars.
and more than $8,000 at on their credit cards.
Subject: Re: savings in america
From: jack_of_few_trades-ga on 28 Feb 2006 12:30 PST
So sorry, I accidentally clicked Post Comment before I was done.  

The Federal Reserve reported that 1 half of households with people
close to retirement had less than 55,000 in savings and one quarter
had less than 13,000.

The above info (from this post and the previous post) is from 2002 on this site:

A study from Temple University (that surveyed people age 21-60) found that:
30% have less than $1,000 in savings
50% have less than $10,000 in savings


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