A report published last week by the Brookings Institution ranked Boston number one, but not in a good way. The report gave Boston the ignominious title of having the nation’s worst income inequality, according to its 95/20 ratio (the difference in income between households in the 95th percentile and those in the 20th).
What does this mean and how do we get better?
Consider a read of the following published by the Pioneer Institute:
Report Ranks Boston No. 1 in Income Inequality: What Does It Mean?
Preston McSwain is a Managing Partner and Founder of Fiduciary Wealth Partners, an SEC registered investment advisor committed to forming fiduciary wealth partnerships with clients, professional colleagues, and the community. To see more of his posts, and follow him on social media, please visit the following