Are You Better Off Than 10 Years Ago?

Published Friday, May 4, 2018 at: 7:00 AM EDT

The progress of humanity moves inexorably slow, but there is irrefutable evidence that Americans are better off than they were 10 years ago - about 20% better off.

Real disposable personal income grew 2.2% at an average annual rate since the end of the last recession.

That's 2.2% more income after taxes and inflation annually for 10 years - 22% in the last 10 years!

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This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.

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