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    Financial Fragility Among Middle-Income Households: Evidence Beyond Asset Building

    This paper explores the determinants of financial fragility of American middle-income households ($50,000–75,000 annually). It analyzes the socioeconomic characteristics of fragile middle-income households (defined as unable to come up with $2,000 in a month). It focuses on family size, debt levels, degree of financial literacy and the ability of these households to plan for retirement.


    https://www.pgpf.org/us-2050/research-projects/Financial-Fragility-Among-Middle-Income-Households-Evidence-Beyond-Asset-Building

Solutions Initiative 2024

Seven think tanks from across the ideological spectrum all agree that we are on an unsustainable fiscal path, and we need to change course.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.