Wow, amazing savings rate Larry. I'd be happy with 15%. I didn't see any definition in that article though and I don't think you are right that it includes only passbook style savings. I think it does include other liquid assets like stocks, bonds, mutual funds, and retirement accounts. What I have heard criticism of is that it does not include home equity. I think that is correct though because that's not traditionally been a liquid investment. However with today's booming home equity loan business that is questionable. Regardless that trend in equity loans shows what a nation obsessed with borrowing and spending we've become. I think your savings rate is very exceptional. I know my more modest 5-10 % savings rate has resulted in a 401K balance far above the average reported by the 401K managing company. May personal savings rate is also reduced for the family as a whole by my wife's credit card spending rate in a trend that appears common in that over spending is so common even if one member of a family is a saver it's seldom that both are.

Regards,
MArk