Se. 1 Ep. 24 - A Deep Dive into the Economic Well-Being of U.S. Households

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Wealthy Wanderlust

33 episodes

3 days ago

"Wealthy Wanderlust" is a biweekly personal finance podcast hosted by Jake Yaeger, a public school teacher who loves to travel. The show aims to help listeners achieve financial freedom and explore the world by discussing personal finance topics such as managing credit, investing, career, and consumer skills. With new episodes every Monday and Friday, it's the perfect podcast for anyone looking to achieve their financial goals while living life on their own terms.

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Se. 1 Ep. 24 - A Deep Dive into the Economic Well-Being of U.S. Households

Wealthy Wanderlust

7 minutes 46 seconds

2 years ago

Se. 1 Ep. 24 - A Deep Dive into the Economic Well-Being of U.S. Households

In this episode, we explore the Federal Reserve Board's comprehensive survey of the economic well-being of U.S. households in 2020. We shed light on various aspects such as income, employment, unexpected expenses, banking, credit, housing, education, and especially retirement. Listen in as we delve into the complexities of retirement savings among non-retirees and the impact of COVID-19 on the retirement decisions of many Americans. Drawing from the raw data, we decipher the figures and percentages, providing a clearer understanding of the economic landscape of the U.S. households in the year of the pandemic.

Full results from the April 2020 survey are available in the Report on the Economic Well-Being of U.S. Households in 2019, Featuring Supplemental Data from April 2020, and results from the July 2020 survey are available in the Update on the Economic Well-Being of U.S. Households: July 2020 Results. Each of these reports, as well as prior years' surveys, are available at https://www.federalreserve.gov/consumerscommunities/shed.htm.