patrick.net

A new study says "aggregate wealth of millionaire households in the U.S. in 2020 will likely reach $87 trillion, from $39 trillion in 2011.”

But what about the middle class?

According to the Census Bureau, the typical household income was $51,296 in 1999. By 2009, that figure dropped to $50,303.

In other words, household income is falling and the average figures are actually high for many families. The median income for Black households in 2009 was just $34,218 while Hispanic households took in $37,913.

http://www.ourbroker.com/news/good-to-be-rich-millionaire-wealth-to-double-in-next-decade-051611/