Quotes of the Day

Monday, Nov. 07, 2011

Open quoteThe elderly have a comprehensive safety net that most adults, especially young adults, lack.Close quote

  • SHELDON DANZIGER,
  • a public-policy professor at the University of Michigan, after an analysis of Census data revealed that a U.S. household headed by a person age 65 or older has a net worth 47 times as great as a household headed by someone under 35
Photo: Jim McGuire / Getty Images | Source: AP