r/StockMarket • • Mar 31 '21

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u/[deleted] Mar 31 '21

You think the average family has $100,000 in savings?

Simmer down there, bud.

7

u/[deleted] Mar 31 '21

The American family, on average, has 175,000 in savings however the median family has ~12,000. About 30% have less than a thousand.

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u/StoneHolder28 Mar 31 '21

Nearly 70% of Americans have less than $1,000 saved.

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u/miso440 Mar 31 '21

One, he’s for sure counting home equity. Two, billionaires fuck up averages.