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Dianne Williams Wildt, MBA

Certified Retirement Counselor®

Since 1983 in the financial services and investment industry

 

Retirement Pathways, Inc.

4500 Bowling Blvd., Suite 100

Louisville, KY 40207

 

Phone:  502-797-1258

 

Email: dianne@retirementpathways.com

Website: www.retirementpathways.com

September/October 2020

Debt on the Rise

Debt on the Rise

The New York Federal Reserve found that total household debt balances grew to $14.15 trillion in 2019, the largest annual gain since 2007. Here’s how most of it breaks down:


  • Credit Card Balances - $930 Billion

  • Auto Loan Balances - $1.33 Trillion

  • Student Loans - $1.51 Trillion

  • Mortgages - $9.56 Trillion


www.newyorkfed.org/newsevents/news/research/2020/20200211


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Investment advisory services offered through American Capital Management, Inc., a State Registered Investment Advisor. Retirement Pathways, Inc. is independent of American Capital Management, Inc.
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