What the American people own and owe

I would like to list or describe the status of personal/family finances of people living in the US:


401(k) Retirement:

401(k) plan participant account balance as of 2007 = $65,454
The proportion of workers who relied solely on 401(k) plans rose to 63%

According to the nonpartisan Employee Benefit Research Institute in Washington, 27% of people between 56 and 65 had more than 90% of their 401(k) investments in stocks at the end of 2006

Retirement Assets Appropriations (as of 2007):

Equity Funds = 50.9%
Balanced Fund = 24.5%
Bond Funds = 7.4%
Money Funds = 3.9%
Stable Value Funds = 6.0%
Company Stock = 5.1%

Sources:

Employee Benefit Research Institute: 401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2007

Calls grow to overhaul 401(k) retirement plans

Home Equity:

Median Home Price as of November 2008: $181,300

Homeowners' equity as a percentage of the value of their homes has fallen to just 44.7%


Consumer Debt:

Credit Card debt
$3,192 per person
$8,299 per household

Non-revolving debt (loans for auto, furniture and consumer electronics)
$5,232 per person
$13,604 per household

Average home equity loan balance
slightly more than $155,000

Further Reading:

Debt held by U.S. households shrinks for first time

Foreclosures up 25 percent: RealtyTrac