All the boomers I know have been saving along the way. This one in particular considers herself retired at age 50. Certainly admirable and smart to do so. However, if you're looking at a large trend, everyone knows the savings rates for the boomers is drastically lower than is needed to provide them with retirement money.When they're retired, they'll have less money coming in. They have 2 options:1. Make more money (IE, not retiring)2. Cut spending drasticallyIn situation 1, we move along somewhat as usual without a large change at retirement age.. perhaps they're still investing, maybe even investing SS money.In situation 2, we have less earnings for companies, and likely less investing.What we'll really end up with is a combination of the above.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<