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You posted the total in 401Ks and 403Bs, but that's not the amount by boomers alone, right?


You then made the assumption that the majority must be boomers because they had more time to collect, but that's far from guaranteed logic, because:

I made the assumption that the lion's share of those dollars would be in the hands of boomers. I never suggested that it was guaranteed.

1) these plans haven't been around for the full length of most boomer's careers
2) the limits for these plans were substantially lower for a long portion of boomers careers
3) there's worry about the going forward economy because most boomers haven't saved up substantial assets for retirement. Isn't the stat that the averge 60 year old has like $50K or $100K or something?

While they have not been around forever, boomers have had the most oppoortunity to contribute to them. They have had the most opportunity to have those contributions grow.

Regarding #3, I cannot say. I simply posted the research I recently read that indicated the average rollover was over 100K. Now someone in their 30's certainly has a chance of having that much in their 401k but I think it much more likely that someone that has been contributing for 20 years has a better chance at that. In my experience, the older the client, the bigger their 401k. I cannot say I have ever seen a rollover from someone in their 20's for 100k plus - but that is common for retirees.
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