Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week! | How To Invest
Search Politics

Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (6) |
Post New
Author: Lambo ✧🐝  😊 😞
Number: of 80428 
Subject: Well...
Date: 05/28/26 10:34 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 8
Eric Feigl-Ding @DrEricDing· 34m
Huge 53% drop in personal savings rate in 1 year. There is now no doubt inflation is squeezing people's wallets so much that it's forcing household to dip into how much they save. This means less spending down the line- ie less consumer spending later. Negative spiral.

Heather Long@byHeatherLong · 1h
This is stunning.
Personal savings rate April 2025: 5.5% Personal savings rate April 2026: 2.6%
That's a sharp plunge....

The chart I can't copy, but: https://x.com/byHeatherLong/status/205998430434035...

Dope, how will your retirement be affected by inflation? Will you notice a squeeze?
Print the post


Author: Steve203 ⎊🐝  😊 😞
Number: of 80428 
Subject: Re: Well...
Date: 05/28/26 10:42 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
The graphs have been posted before: this 45 year "supply side economic miracle" has been bought by drawing down personal savings, and accumulation of personal and government debt. Anyone can look prosperous, by buying stuff on credit, for a while.

Steve
Print the post


Author: wzambon ✶🐝🐝 HONORARY
SHREWD   😊 😞
Number: of 80428 
Subject: Re: Well...
Date: 05/28/26 2:56 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
Anyone can look prosperous, by buying stuff on credit, for a while.

That’s been the Reagan “miracle”.
Print the post


Author: Lambo ✧🐝  😊 😞
Number: of 80428 
Subject: Re: Well...
Date: 05/28/26 11:24 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 0
The graphs have been posted before: Missed it.
Print the post


Author: Steve203 ⎊🐝  😊 😞
Number: of 80428 
Subject: Re: Well...
Date: 05/29/26 1:16 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
The graphs have been posted before: Missed it.

Personal savings rate. Downtrend from 1980 to the 2008 recession. A rebound following the recession. Then resuming the downtrend since 2010. Current savings rate varying between 3% and 4%. In the 70s, the savings rate was 10%, and a lot of those people who were saving 10% also had a company paid pension plan and retiree medical, which have since been taken away.

https://www.marquetteassociates.com/trends-in-pers...

Per capita household income and debt, in constant dollars, 1976 to 2009. Income growth rate pretty consistently outstripped by debt growth.

https://stats.areppim.com/stats/stats_us_household...

Folks are frelled, financially.

Steve

Print the post


Author: Steve203 ⎊🐝  😊 😞
Number: of 80428 
Subject: Re: Well...
Date: 05/30/26 1:09 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
Folks are frelled, financially.

A thread on the Fool METaR board starts out with a scare headline from Vanguard about the pittance the average person has in a 401k. Of course, averaging all 401k account holders is irrelevant, because the number that matters is how much they have at retirement.

A reply has the number from the Fed: The Federal Reserve estimates that the median net worth for 65-74 year olds is $410,000, while the average is $1.8 million.

Now that is a number that is relevant. It is also inadequate to live on. A big chunk of that is probably tied up in a home, so there is even less to throw off cash income to live on. And most people don't have a company paid pension and retiree medical to buttress it, anymore. People are frelled, before Trump the Conqueror carries out his threat to cut social programs to help pay for his wars.

here's the thread.

https://discussion.fool.com/t/vanguard-study-about...

Steve
Print the post


Post New
Unthreaded | Threaded | Whole Thread (6) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds