Local Voices
Tom's Tall Tales - "We’re not rich because we’re too old"
Tom's Tall Tales - "We're not rich because we're too old"
If you’re not rich yet, you may be too old!
Yup, it’s time to delve into my folder of useless facts I find fascinating. It’s where I get my Tall Tales.
Next time your offspring wonders why they’re not vacationing at Disney World this summer, tell them you’re too old and too poor! Here’s why. The Fabulously Rich crowd is getting younger. How do I know? A company called Spectrem Group conducted a study – surprise! – discovering the average age of the Fabulously Rich is now 47, an 11-year drop in the last five years. Most of these Fabulously Rich didn’t earn it. They inherited it, Spectrem found. If Bernie sees this study, he’ll be convinced it’s time to rethink that inheritance tax.