Tuesday, March 16, 2010

Compare and contrast

The number of millionaires was up 16% in 2009, the number of pentamillionaires up 17%, reports Spectrum.

And

Only 16% of workers are confident that they can have a comfortable retirement. 27% have saved less than $1,000, 54% less than $25,000 (excluding personal residence), reports EBRI.

Related thoughts from Robert Frank on why the wealthiest are recovering so quickly from the recession and the rest of the country is behind.

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