So most of them, relative to younger people. Median boomer in the US is almost a millionaire and boomers collectively own 52% of the US. People over 55 own 73%. Majority of them benefit from whatever publicly traded corpos do because they have retirement funds.
So most of them, relative to younger people. Median boomer in the US is almost a millionaire and boomers collectively own 52% of the US. People over 55 own 73%. Majority of them benefit from whatever publicly traded corpos do because they have retirement funds.
Millionaire is middle class. We’ve just been conditioned to think that’s rich.