How Much Net Worth Is Needed To Be in America's Upper, Middle & Lower Social Class? | US Economy

#NetWorth2023 #WealthClass #Economy

By Net Worth, class, and status, the lines that separate Americans have always been blurry. Many households rely more on gut instinct than hard data to determine where they fall on the Net Worth scale. According to the Federal Reserve Survey of Consumer Finances, as of the year 21, the median net worth of all American households was $120,000. Based on how the U.S. Census Bureau presents this information, we will divide America into five income groups in this video. The lower middle class makes up the bottom 20%, the official middle class comprises the next 20%, the upper middle class comprises the next 20%, and the rich constitute the top 20%.

How Much In Net Worth Are Needed To Be in America's Upper, Middle & Lower Class?

Timestamps:
0:00 Intro
0:48 Starting with the network of those lower brackets
2:38 The Lower Middle 20% Comes Next
4:12 We now find ourselves in the middle of the middle class
5:18 The Upper Middle Class comes next
6:34 The Wealthiest 20%

***************************************************************************

*You can learn the secret of growing your trading account:*
► https://bit.ly/3y39RMD

*Michael Burry Releases an Explosive Video: The Government is LYING to You*
► https://www.youtube.com/watch?v=UXvjUcyvdn0

*Cathie Wood: The EV Revolution Will Outperform ALL Other Markets*
► https://www.youtube.com/watch?v=BccqVpVuWg8

*5 Steps to Making Your First Million with Charlie Munger*
► https://www.youtube.com/watch?v=sDBDdm8JL68

*DISCLAIMER:*
Informed Investors is not a financial adviser channel. The information provided in this video is solely based on our research and opinion, and should not be taken as professional financial advice. There are risks involved in investing in the stock market, and the fluctuation depends on varying factors. Investors should not act upon the content or information found here without seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Informed Investors is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.

***************************************************************************