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On Mon, 26 Jul 2010 12:36:12 -0500, Jim wrote:
But those charts give a good idea where the money is. They are also total bull****. "According to a study published by the Federal Reserve Bank of Cleveland, only 1.6% of Americans receive $100,000 or more in inheritance. Another 1.1% receive $50,000 to $100,000. On the other hand, 91.9% receive nothing (Kotlikoff & Gokhale, 2000)." That's enough right there to make the entire article suspect. |
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