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U.S. Wealth Gap Between Young, Old Is Widest Ever

By: clo in FFFT | Recommend this post (0)
Mon, 07 Nov 11 7:36 PM | 48 view(s)
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U.S. Wealth Gap Between Young, Old Is Widest Ever

HOPE YEN 11/ 7/11 09:30 AM ET

a snipett:

The median net worth of households headed by someone 65 or older was $170,494. That is 42 percent more than in 1984, when the Census Bureau first began measuring wealth broken down by age. The median net worth for the younger-age households was $3,662, down by 68 percent from a quarter-century ago, according to the Pew analysis.

http://www.huffingtonpost.com/2011/11/07/us-wealth-gap-young-old_n_1079372.html?utm_source=DailyBrief&utm_campaign=110711&utm_medium=email&utm_content=FeatureTitle&utm_term=Daily%20Brief

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