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   seattle.politics      Whats happening in the land of Nirvana      102,158 messages   

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   Message 101,764 of 102,158   
   Jim Wilkins to All   
   Re: What Percent of Retirees Have $1 Mil   
   21 Dec 25 14:32:31   
   
   XPost: rec.aviation.military, or.politics, fl.politics   
   XPost: alt.law-enforcement   
   From: muratlanne@gmail.com   
      
   "a425couple"  wrote in message news:PiU1R.160904$79B9.28240@fx14.iad...   
      
   from   
   https://finance.yahoo.com/news/guess-percent-retirees-1-million-180105550.html   
      
   Can You Guess What Percent of Retirees Have $1 Million Saved? Here's The   
   Average Net Worth Of People 65 and Up   
   ----------------------   
      
   As the article hints in the TL:DR section after the sensationalist intro,   
   estimates vary widely depending on what is counted. The high end is 15% -   
   20% millionaires. Financial advisors are interested only in paper holdings   
   they might benefit from, while total asset value including real estate is   
   what matters when someone finally goes into a nursing home.   
      
   https://earlyretirementnow.com/2023/12/03/we-are-all-millionaires/   
   "So, I was surprised that more than 18%(!) of households were millionaires   
   in 2022."   
      
   Billionaires got there by recognizing and selling us what we demanded. The   
   Left demonizes success to justify confiscating (stealing) what they envy but   
   lack the ability to acquire themselves. That's why they are so desperate for   
   political power and horrified by its loss. Most Dems were willing to   
   sacrifice SNAP for the needy to their greed for power.   
      
   If you hate the rich stop consuming their products. Grow beyond childish   
   dependency, become self-supporting, contribute to instead of draining from   
   society. Socialism offers only a reverse Ponzi scheme in which everyone else   
   also depends on you.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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