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Sunday, September 2, 2012 - 9:29 AM
Who Lost During The “Lost Decade”?
by Scott Burns
Contrary to popular belief, the young, not the old, were the big losers during the “lost decade.” Indeed, a comparison of net worth changes by age group shows that those 20-39 years old in 2010 have significantly lower net worth than their peers had in 2001.
What’s “significant” you might ask?
http://assetbuilder.com/scott_bur...de%E2%80%9
Contrary to popular belief, the young, not the old, were the big losers during the “lost decade.” Indeed, a comparison of net worth changes by age group shows that those 20-39 years old in 2010 have significantly lower net worth than their peers had in 2001.
What’s “significant” you might ask?
http://assetbuilder.com/scott_bur...de%E2%80%9
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