On Aug 4, 2006, at 5:59 PM, Leigh Meyers wrote:
From a previous post:
about half of all U.S. households have a retirement account, with a
median value in 2004 of $35,000.
.
The people who calculated this figure live in another universe.
FedWorld, where the numbers are real, and the people represented by
those numbers aren't.
Are you proud of your ignorance? The numbers are based on surveys of
thousands of people which are compared with data from other sources
as a check on consistency. Your assertions are based on things you
pull out of the air, or some other less seemly place. You may live
like a hippie on $8,000 a year, but most Americans don't.
Doug
