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To: SeekAndFind

Define “well healed” - people with very modest incomes invest in those to have retirement. “mostly” well healed? Going with total amount invested overall to claim it only benefits the rich, therefore screw over everyone else who would be hurt the most?


5 posted on 02/23/2024 9:46:29 AM PST by Republican Wildcat
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To: Republican Wildcat

Well-heeled is the new rich.


9 posted on 02/23/2024 9:49:00 AM PST by Ken H (Trump 2024)
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To: Republican Wildcat
Yeah, people with 401(k)'s aren't "well heeled" at the start of their careers when they begin saving. It's the accumulation of savings plus the effects of compounding over one's 40-year's of working before retirement that makes them "well heeled" in the end.

-PJ

33 posted on 02/23/2024 10:30:56 AM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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