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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (28952)3/30/2005 11:57:55 PM
From: Elroy JetsonRespond to of 306849
 
I recently heard something similar that's even more startling.

Supposedly, the majority of households in America could not come up with $3,500 without borrowing.
.



To: John Vosilla who wrote (28952)3/31/2005 3:33:22 PM
From: GraceZRespond to of 306849
 
I heard today that only 7% of boomers have $150K available cash for retirement

Half of the retirees in any given year retire with no cash assets, only their SS benefits for income.