Friday, September 21, 2012

Half of America's Dying Broke

I recently came across an article on The Wall Street Journal's MarketWatch website that made me do a double-take. The article - "Half of Americans Die With Almost No Money" by Andrea Coombes - cites a National Bureau of Economic Research report that finds that almost 50% of US retirees die with less than $10,000 in cash savings. The report first talks about cash savings and later about net worth.

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