It’s not all doom and gloom.

A constant theme here at Falbo Wealth Management is how financial journalism has consistently ignored the upsurge in American household net worth. Household monthly financial obligations are at historic all-time lows and have been for years. Here is another piece on this from Scott Grannis.

At Least Households Are in Good Shape

In his article Grannis shows a number of charts that clearly disprove the sensationalized media’s perspective that the financial world is in a panic and all doom and gloom and shows that the financial health of the American household is actually quite good.

I will continue to share great pieces of information like this one and I hope you continue to read and form your own opinions. If you would like to discuss this or any other financial topics, please reach out and let me know.

Joseph F. Falbo, CFP®, AIF®, CRC® is an independent LPL financial advisor that helps grow and preserve clients’ wealth using cutting edge, customized, and comprehensive strategies. With over two decades of experience, Joe helps clients to pursue and retain the lifestyle they want in retirement. To discuss your retirement goals or any financial topic you want, schedule a 20-minute complimentary call. To learn more about Joe, please visit

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