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Why It Matters

America is an amazing country filled with incredible opportunities for personal advancement, education, and financial success. However, much of America's wealth is concentrated in a small percent of the population.

 

The Federal Reserve's most recent report on U.S. household wealth shows that the bottom 50 percent of households own less than 3 percent of all the wealth. The top half owns more than 97 percent.

Why does this matter? Because a successful society and economy must provide opportunities for everyone to achieve financial freedom and wellbeing. If a large portion of the population faces constant financial stress, it undermines the very fabric of society.

The light yellow sliver at the bottom of the chart below represents the wealth of the bottom 50% of American households. This is the problem we are trying to solve.

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