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Bryan C. Fleming

Baby Boomers

Filed under: Saving Money, Investing — bryan_fleming @ 11:13 am

Here’s an article on CNN Money. We should be thinking about what will happen to economy when the baby boomers retire. Will we hear a giant sucking sound as they pull their life savings out of the stock market?

Then I read in this article:

“The median amount in a boomer’s 401(k) is just over $44,000, according to Hewitt Associates, an employee-benefits consulting group”

It looks like the Baby Boomers aren’t going to retire any time soon.

Tags:Business, Career, Investing, Money

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