2 ms·
> On average and adjusting for inflation, retirees are entering their 80s richer than they were in their 60s and 70s. This is a misleading interpretation of da
by dxhdr 9y ago
> On average and adjusting for inflation, retirees are entering their 80s richer than they were in their 60s and 70s.
This is a misleading interpretation of data. On average, yes, but at the median, no. The median retiree's net worth is less than $100k at 60 and continues to decline with age.
https://unitedincome.com/documents/papers/LivingTooFrugal.pdf https://unitedincome.com/documents/papers/LivingTooFrugal.pd...