flyer wrote:The net worth

[utcsox]

[quote=flyer]The net worth discussion–as referenced in this thread–is of particular interest to me–especially when you look at the dire statistics on that topic for 95% of US households.
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Last month, Federal Reserve released it bulletin documented changes in U.S Family Finances. You can download the file directly on the link below:

http://www.federalreserve.gov/pubs/bulletin/2012/PDF/scf12.pdf

On page 17, Table 4, you can see the family net worth by age group and percentile of income. To me, what really jump out from this table are:

1. For someone that is younger than 35 years old, the median family net worth is only 9.3k.

2. Only families net worth is in the top 10% category are more well off than in 2010 than in 2001.

The link below has a good summary of this bulletin.

A Look at Household Net Worth and Household Income By Age Group from the 2010 Survey of Consumer Finances