The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: Scared Straight? Date:  1/4/2008  12:21 AM
Author:  SirTas Number:  12246 of 21217

These statistics are indeed scary.

The average total income for those 65 and older in America is $25,610, and the median was a meager $16,770 ....


My experience of older people was mainly my parents, and they retired to a senior community in California with golf courses and swimming pools.

They weren't rich. (They and I were born in the South Bronx. Both my parents were children of immigrants who left the old country because they had nothing, and no prospects.) My mother never worked, and my father worked in regular corporate America, raising us 5 kids on a single salary.


Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us