Upper Middle Class Having Difficulty Saving For Retirement

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Mark Melin
Published on
Updated on

It’s not just the lower economic class that is finding difficulty in the current economy, a recently released Federal Reserve document shows (H/T Ben Carlson of A Wealth Of Common Sense), it’s the upper middle class that is also struggling in the current stimulus driven economic environment. Lower middle and middle class having trouble with savings The report’s primary finding, according to a Bloomberg report, was that Lower middle and middle class Americans are having difficulty saving. But the report also showed that more than half of upper-middle class households did not save any money at all in 2012 and increasingly face…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.