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Silent Generation Wins Life Lottery as Richest Group: Economy

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Jon Burkhart was born during the Great Depression. Like many of the so-called Silent Generation, he couldn’t have been more fortunate.

When he and his wife married in 1959, they lived in Texas and saved 10 percent of every paycheck. Thanks to well-timed equity and property investments, the 81-year-old now lives a much different life than the elderly he knew as a child.