Averages Lie – Shocking Look At Mean Vs Median Household Savings In America

Authored by Mike Shedlock via MishTalk,

I have been on a rampage about average vs median income. Here’s a report about average vs median savings.

https://www.zerohedge.com/sites/default/files/inline-images/https_%252F%252Fs3-us-west-2.amazonaws%20%2811%29_4.jpg?itok=_q7h3GkJ

Magnify Money asks How Much Does the Average American Have in Savings?

The question is irrelevant. The story is how unprepared the median person is prepared for retirement. On that score, the article does explain.

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