XPost: rec.aviation.military, or.politics, fl.politics   
   XPost: alt.law-enforcement   
   From: bax02_spamblock@baxcode.com   
      
   "Jim Wilkins"  wrote in   
   news:10i9hvg$2vk52$1@dont-email.me:   
      
   > "a425couple"  wrote in message   
   > news:PiU1R.160904$79B9.28240@fx14.iad...   
   >   
   > from   
   > https://finance.yahoo.com/news/guess-percent-retirees-1-million-1801055   
   > 50.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.   
   >   
   >   
    other sources cite lower percentages like 8.8% or 9.4% for   
   individuals/households, making it roughly one in five or one in ten   
   depending on the data source and whether it's by person or household   
      
   And gues what = that million can be wiped out buy one major medical   
   issue, and/or a few years in a retirement home.   
      
   That retirement home will cost you $6K/month - $1Million gives you less   
   than 14years rent - and as you get older, the costs increase.   
      
      
   --   
     @..@   
    (----)   
   ----------   
   United we ribbit, divided we croak   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)