Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Regional Vice President of Sales The Retirement Plan Company
|
AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Data Digest: Wealth Variation Among Boomers and Retirement Wealth Adequacy (PDF)
AARP Sept. 22, 2006
6 pages. Excerpt: [N]umerous reports suggest that boomers or subsets of boomers ... have accumulated an average (mean) of about $50,000 in their retirement accounts (DeVaney and Chiremba, 2005) or less (Goodman and Orszag, 2005). Medians -- the value at which half the population falls above and half below -- are generally used rather than means to characterize wealth distributions because wealth is so skewed toward the top.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |