Want a Comfortable Retirement? Move to Australia
Australia is not only the home of the koala, the kangaroo, and the duck-billed platypus, but may also be home to that other rare and exotic animal: the secure retirement.
Australia is not only the home of the koala, the kangaroo, and the duck-billed platypus, but may also be home to that other rare and exotic animal: the secure retirement.
At some point in your life, were you a 47%-er? On the heels of a leaked videotape in which GOP presidential candidate Mitt Romney spoke harshly of those who pay no federal income tax, some now-successful Americans have been stepping up publicly to answer this question in the affirmative.
The U.S. may be the "land of opportunity," but Canadians are making out better. In the past five years, the net worth of Canadian households has surpassed that of their American counterparts for the first time. And the reasons why will be as depressing for Americans as the news itself.
The young, upwardly mobile professional was the defining American character in the 1980s, and caused us to coin the word "Yuppies." Today, the dominant trajectory is the reverse: Downward mobility, unemployment and poverty are the defining themes. We're in the Dumps -- so are Dumpies the new Yuppies?



