Wondering where you land on the economic spectrum? It can be tricky to pin down whether you consider yourself middle class, lower class or something else entirely. Using income alone to define "class" ...
Defining yourself within the American middle classes can be tricky as it depends on everything from where you live to how you live. Your social class is determined by a variety of factors and can ...
The upper middle class earns more than the typical American, and has disposable income to live a nice lifestyle – although they aren't rich in the sense that they don't have to worry about money or ...
A lot of people think the U.S. middle class is shrinking. But as of 2022, a good 52% of Americans lived in a middle-class household, says Pew Research Center. Meanwhile, 28% of Americans are part of ...
The U.S. Bureau of Labor Statistics (BLS) regularly publishes data on the income and expenses of Americans by age group. For retirees, data is divided into two categories: ages 65 to 74, and ages 75+.
There’s no specific data source that lists exactly how much upper-class retirees spend monthly at age 70. However, using data from the consumer expenditures reports issued annually by the U.S. Bureau ...
Your financial goals and risk tolerance will change over time. Younger investors often take more risks, knowing that they can wait for the stock market to recover from a correction. However, retirees ...