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Here's the Minimum Net Worth Considered To Be Middle Class in Your 20s [Yahoo! Finance]

U.S. Gold Corp. (USAU) 
US:NASDAQ Investor Relations: usgoldcorp.gold
Company Research Source: Yahoo! Finance
You're just getting started — building savings, paying off debt, maybe sharing an apartment with roommates — and yet there's this looming question of where you stand financially. According to the Pew Research Center, the share of Americans who are in the middle class is smaller than it used to be. So what exactly counts as a middle-class net worth at this stage of life? Here's a breakdown Robert Cannon, financial advisor at Experity Wealth , said the median net worth for this age range would be around $39,000. But it doesn't really make sense to set a single dollar figure as the “minimum,” he explained. “In your 20s the right floor is directional. You're middle class if your balance sheet is improving, you've got several months of essential expenses in cash and retirement contributions are running automatically,” he said. He added that if your debts are affordable and shrinking and your savings rate is rising, a slightly negative net worth can still qualify as financially secu Show less Read more
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