To: John Pitera who wrote (7584 ) 2/19/2007 5:27:40 PM From: John Pitera Respond to The US Savings Rate and It's Incomplete Calculations of Savingsgovernment calculates personal saving suggests the number may be incomplete. Affluent Americans, especially, ought to be figuring their own savings differently -- counting important things that we'll add up below. Once you do your own math, you'll have a clearer snapshot of where your wealth really lies, and a strong foundation to use as you build your financial plan.the increased value of stocks or mutual funds in brokerage or retirement accounts, or the rising value of your home . Why not? In part, because the government doesn't trust fluctuating markets, where sudden downturns can wipe out paper gains.(2004) median family net worth figure, is $93,000 . That's an all-time high; unlike Commerce, the Fed does figure in brokerage and retirement-accounts, plus homes. Don't count all of your educational expenses for you or your kids as "consumption," as the Commerce Department does. Instead, credit yourself for saving if schooling will lead to higher incomes.
