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MSN
Jade Small
Is $140,000 the new poverty line for American families?
In late November 2025, Michael W. Green, chief strategist and portfolio manager at Simplify Asset Management, published a Substack essay arguing that a family of four needs roughly $136,500 a year to cover basic essentials, including housing, child care, food, transportation, and healthcare. That figure sits more than four times above the ...
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