Tag: inheritance

A Nation of ‘Waiters’

By Sarah Fallaw on Sep 1st, 2016 in Current Events, Studying the Wealthy

The inter-generational wealth transfer that is looming in the United States is also being anticipated by our friends in Canada. “We are a nation of ‘waiters’” writes Garry Marr in the Financial Post, “as in, we are waiting for parents and grandparents to expire to get our windfall.” For a variety of reasons, that statement […]

Millionaires on “The Herd”

By Thomas J. Stanley on Aug 11th, 2009 in Current Events

Last Thursday (August 6, 2009), I was listening to Colin Cowherd on ESPN Radio.  I consider him to be the best and brightest radio host in America.  I also admire him because he has been saving 40% of his income every year since he started working.  Mr. Cowherd pointed out that 92% of the millionaires […]