Are You Better Off Than 10 Years Ago?

The progress of humanity moves inexorably slow, but there is irrefutable evidence that Americans are better off than they were 10 years ago - about 20% better off.

That's 2.2% more income after taxes and inflation annually for 10 years - 22% in the last 10 years!

On Friday, the unemployment rate dropped to 3.9%, the lowest point since 2000. In addition, 164,000 new American jobs were added in April. According to The New York Times, it was the 91st consecutive month of gains and by far the longest streak of increases on record.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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Company Info

Carolinas Wealth Management

5111 Trenholm Rd., Ste 100
Columbia, SC 29206
P: 803.256.0100

1300 Professional Drive, Ste 202
Myrtle Beach, SC 29577
P: 843.497.8505

119A Professional Park Drive
Seneca, SC 29678
P: 864.885.1045

ann.duckett@carolinaswealth.com