A Comment About

Social Security: Anything but Secure

April 3, 2008 - 12:40 am - by Tom Blumer
Baby Boomer
2008-04-04 10:45:24

Why worry, We are going to give you all that money in about 20 years..

Hang in there and get rich!

Today’s financial planners sit on the leading edge of what is expected to be the greatest transfer of wealth in the history of America. The economic boom of the 1990s created an unprecedented amount of personal wealth in America—currently estimated at more than $33 trillion. At the same time, today’s retirees constitute one of the wealthiest segments of the U.S. population with more personal wealth than any previous generation.

Economists believe that bequests of this wealth will significantly boost the resources of the 78 million Baby Boomers. That means by the year 2052, an estimated $40.6 trillion will change hands as Baby Boomers and their parents pass on their accumulated assets to their heirs.

We will pass on to our grand children the greatest wealth ever accumulated in America.