Boomer Balance Sheets a Mess

Posted by Myles B. Brandt, CFP® on 25 February 2013 | 0 Comments


Morningstar has a great article summarizing a study by the AARP Public Policy Institute with research based on the Federal Reserve Survey of Consumer Finances.

Key Findings:

1. Debt to Assets ratios have jumped for all age groups.

2. While net worth growth varies from -32% (ages 25-49) to +52.8 (ages 65-74) it has decreased for all age groups since the great recession.

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