wealth

Yesterday I was reading an article in the WSJ titled: "Aging and Broke, More Lean on Family." Much was made of research from Pew about the increase in multigenerational households because of the inability of older people to afford to life alone. The article is behind a paywall - don't worry - it was long on anecdotal stuff and short on detail.

Have you ever had that feeling that things are not what they seem? You know, out of the corner of your eye you get a glimpse of a reality that disappears in a flash.

The world seems to jog along OKish but you know that something is wrong – horribly wrong.

“What does the distribution of wealth tell us about future retirement resources?”

This report was produced by the IFS for the DWP. It is a well researched document and provides a valuable insight into the ownership of wealth in the UK. It is a long report, 90 pages, stuffed full of data.

The first thing that popped up on “must blog” list is another item about luxury.

According to a Luxury Institute study, summarized by AdWeek, state-of-the-market series, 77% of high-end shoppers "agreed that luxury is less important in today's economy."

by: Idris Mootee

by: Dick Stroud

What a great sounding title? Maybe it’s a tad pompous? What it means is that as the sky falls in and the economic and financial structure of the West disintegrates, the old and the young will be affected in very different ways. This is the first of my muses about this subject. To begin with I thought I would amass some factlets about Europe’s stressed-out 18-34 year olds.

by: Roger Dooley

by: Dick Stroud  

by: Dick Stroud 

Focalyst, a joint venture between AARP Services and Kantar, the research arm of WPP, has published its findings about the 125 million Americans, aged 42-plus segment.

by: Dick Stroud 

If you are interested in the way that wealth is distributed among baby boomers then this is an article you should read. It is about the US but the same principles apply in all countries.