Middle class hanging by a thread

Two out of three middle class American families on shaky financial groundMore than half of middle-class families have no net financial assets whatsoever.

Only 13 percent of middle-class families are secure in their asset levels- meaning that they have enough to cover most of their living expenses for nine months should their regular income cease; 79 percent are “at risk” in this category, meaning they could not cover the majority of their expenses for even three months.