Household Income Fell in 2020 // Higher Wages & High Inflation // Ask Todd - 9/15 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

Categories:

(2:47) - U.S. median household income fell 2.9% last year down to $67,500. Despite median income dropping, the guys discuss how measures taken during the pandemic prevented an even worse financial situation for many Americans.(12:42) - Low-paid workers have seen higher hourly wages as a result of the tight labor market. However, the sustained high levels of inflation are minimizing some of the wage growth that we've seen.(23:00) - Estate planning attorney Todd Lutsky of Cushing & Dolan joined the show for another edition of "Ask Todd".