Daddy, Why Does Grandma Live in Our Attic?
The National Center for Policy Analysis reports a national survey on savings which found that only a quarter of Americans aged 40 to 59 have total savings of $100,000 or more. This appears to be one more data point indicating that before we are rid of them, the Baby Boom generation will be the most heavily subsidized group of self-indulgent egoists in U.S. history.
For those of you who aren't confident that your parents have planned responsibly for retirement, let me suggest a low-cost housing option.
Posted by Woodlief on February 28, 2002 at 11:40 AM