Retirement News : Seniors : Spear a comfortable retirement

Spear a comfortable retirement

Date Added: 22-11-2005

Affluent seniors in the U.K. are on the rise.  Read the excerpt below.

ic Liverpool - Southport,England,UK

Nov 21 2005

By Jane Hall - Daily Post

DO YOU know what "Spears" are? And we're not talking about the weapon with a pointed metal tip and long shaft our prehistoric ancestors used so adroitly to keep the larder stocked. Or, for that matter, a plant shoot or the male side of a family.

Spears stands for Senior People Enjoying Affluent Retirements.

And while the words "affluent" and "retirement" are rarely seen together these days, for some it seems their golden years have turned into just that.

New research from Brewin Dolphin Wealth Management reveals there are now some 280,000 people over the age of 65 who each have assets of £500,000 or more.

Collectively, these half millionaires are worth a staggering £239.7bn - or £854,137 each. And they own around 9.34% of the UK personal net wealth.

Read the entire article:

http://icliverpool.icnetwork.co.uk/yourmoney/news/tm_objectid=16394618&method=full&siteid=50061&headline=spear-a-comfortable-retirement-name_page.html