Tuesday, May 18, 2010

Are you average?

Meet the average American family with Visual Economics.

We do have a bank account, with $18,111 in it.

We do save for retirement, although not nearly enough.

Because of that, we aren't confident we will have enough for retirement.

We have $6,739 in stocks and $50 in bonds. Give or take.

We make only $36,000, but pay our credit card in full each month.

Our household debt is only $60,603 or roughly 4.05 Honda Civics. Most of that is our mortgage.

Our house is worth $64,900 but we still owe $57,098 on it.

We have an emergency fund but I still worry it isn't large enough.

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