> RoMunn wrote: > Older Americans are rich. Well I skimmed and I don't think it says much more than this, really:
89 percent of the total net growth from 1995 to 2004 took place among the wealthiest households. But I'd have a zillion questions such as how they were measuring wealth. Further, if boomers are "rich" as you suggest then we can cancel their SS, Medicare, and Medicaid right? So what I'd like to see is this figure: Of those Americans 60 & up, what percentage are worth more than $1M w/o house? Then take that number and find out how much is in the market. Then take that number and cut off 30-40%. Now what percentage of Americans 60 & up are worth more than $1M w/o house? Do you think it'd be more than 1%? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271917 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
