Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
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Really????? Quite a generalization!!!
Like my father and brother, I don't know if I'm 1%, 2%, 5%, or 20%, but whatever it is, we all got there by getting educated, working hard, saving and investing wisely. I don't recall any "schemes" to "PREY" on the poor (praying, however, would be appropriate) |
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#47
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Probably quite a few 5%'ers, not sure how many 1%er's.
Net Worth Percentile 90% $1.1mil 95% $2.4mil 99% $10.4mil
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Identifying as Mr. Helpful |
#48
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And many already paid close to the same amount in taxes working 40+ years getting there...
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#49
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Within The Villages given their age range and financial ability to relocate, travel and have expensive hobbies possibly the top 5% are within the top 1%. I doubt many are within the 99.5 percentile which is something over what, $16 million. The 99.9 entry is at just over $43 million.
Last edited by Luv2Bretired; 11-29-2019 at 01:35 PM. |
#50
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#51
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Well, maybe $150K is not a big number to you; congratulations. But the census bureau says the average net worth of a person 70-74 is 181,078. My point is that by including that $150K pension net present value in the net worth calculation makes a big difference. And it would, obviously.
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#52
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I understand your point. Thank you. Probably wouldn't change the report significantly.......that's why it's not a big number.
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Identifying as Mr. Helpful |
#53
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Senior Citizens Net Worth.
I was told by a grandchild who makes more money than anyone in the whole family. She told me this very morning...
That the two senior citizens who live in our house are...… Priceless.
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It is better to laugh than to cry. |
#54
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#55
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When I was in my 20's, studying business in college, I learned that most of the wealth in the USA was held by its oldest citizens. At the time, being a young, dumb, left of center college student, I thought that was unfair and that something needed to change. Of course, now that I am a mature (old), right of center (realistic) retired guy, I understand why the wealth is in the hands of the older generation. Funny how our opinions change.
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#56
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Older women may statistically be wealthier than older men, at least during their last years, as they tend to outlive their husbands.
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Closed Thread |
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