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Study: Nearly half of Americans die with ‘virtually no financial assets’
WP ^ | Aug. 3, 2012 | Suzy Khimm

Posted on 08/06/2012 8:32:32 AM PDT by Daffynition

**more than 46 percent of Americans die with less than $10,000 in financial assets, with many spending the end of their life strongly dependent on the government.**

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy
KEYWORDS: 2012; 2012issues
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To: Daffynition

Hopefully that won’t be me in 15 years or so...what would all my fellow freepers do without my input?


21 posted on 08/06/2012 10:21:42 AM PDT by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
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To: Paladin2

22 posted on 08/06/2012 10:23:24 AM PDT by Daffynition (Our forefathers would be shooting by now.)
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To: Daffynition

Uh..., what percentage of Americans LIVE with less than $10,000 in assets, dependent on spending the entirety of their lives strongly dependent on the government?


23 posted on 08/06/2012 10:24:22 AM PDT by Chewbarkah
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To: Daffynition

Unsurprising. When you’re old and dying, before the gooberment will consent to help you have to spend down all assets to get poor enough to qualify.


24 posted on 08/06/2012 10:27:16 AM PDT by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: Grampa Dave

: )


25 posted on 08/06/2012 10:42:03 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Daffynition

You can’t take it with you.


26 posted on 08/06/2012 10:47:40 AM PDT by dfwgator (FUJR (not you, Jim))
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To: Daffynition

27 posted on 08/06/2012 10:49:32 AM PDT by dfwgator (FUJR (not you, Jim))
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To: Daffynition
'Die Broke'...Stephen Pollan.

Sound advice...anything left over after I croak will be liquidated with the meager proceeds going to cats.

28 posted on 08/06/2012 10:54:09 AM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Daffynition

Well of course!

What did they think would be the result of giving elderly care only to those without assets, and taxing at >50% any assets over a threshold?

Smart people PLAN for this and transfer their assets to their heirs, get government socialized care for the last few years of life - and die with almost nothing.

Elderly Americans have are, as a group, the most affluent Americans - and the smart ones make sure the majority of their assets are passed on BEFORE they die.


29 posted on 08/06/2012 10:59:18 AM PDT by allmendream (Tea Party did not send GOP to D.C. to negotiate the terms of our surrender to socialism)
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To: GraceG
Give it to them BEFORE you die otherwise Socialist Sam will take it all.

We have been working on that since we had issues when my parents passed away. Daughter should be "sitting pretty" when we die.

30 posted on 08/06/2012 11:40:11 AM PDT by Arrowhead1952 (RINO season is open. No limit. Make them extinct.)
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To: Grampa Dave

WHen you said “toasted,” I thought you were going to tell us the kids were gonna cremate you out of spite. But I don’t wanna strain your sense of humor. (grin)


31 posted on 08/07/2012 7:46:56 PM PDT by SierraWasp (Government it'self is the REAL "Free Rider!" Obamacare will create burdensome "Free Riding!!!")
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