Investment Updates
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!
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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