On Aug 4, 2006, at 1:34 PM, Carrol Cox wrote:
Let's not forget that the _majority_ (large majority) of "boomers" are just like any other generation -- they don't got no stocks, no bonds, no savings account, and never did nor ever will.
That's an exaggeration - about half of all U.S. households have a retirement account, with a median value in 2004 of $35,000. The share is higher for "boomers" - about 60%, with a median value around $70,000. Not a lot, but considerably more than nothing. Doug
