Baby Boomers
June 20th, 2006 |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.
