Millionaires are Baby Boomers (or Older) For most Americans, incomes tend to rise with age and experience. Thus, it is not surprising that in 2009, 80 percent of millionaires were older than age 45 and close to half of all millionaires (46 percent) were older than age 55.
A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it.
In science, an explanation or model that covers a substantial group of occurrences in nature and has been confirmed by a substantial number of experiments and observations. A theory is more general and better verified than a hypothesis. (See Big Bang theory, evolution, and relativity.)