(May 15, 2019) Americans Are Living like Millionaires with a Middle Class Mentality


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According to the Federal Reserve, Americans surpassed $4 trillion of consumer debt this year. Making matters worse is that most individuals across the socioeconomic spectrum, in generations spanning from the Silent Generation to the Millennial Generation, are systemically unprepared to retire. This begs the question: are Americans living like millionaires with a middle class mentality? The research cited by Al Gordon on today’s show seems to suggest yes.

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