Message Font: Serif | Sans-Serif
No. of Recommendations: 1
well actually you are wrong on the date. You are using 65 as the retirmement age but you aren't required to take distributions from your IRA (I assume this is what you are talking about) until you reach 70. You can also start taking them as early as age 59 1/2 so there will not massive sucking sound as boomers are required to withdraw funds. The selling of stocks will be distributed over a major chunk of time. In fact a lot of boomers might have already sold a lot of their stocks before they are required to take their distributions and have moved their money into more stable vehicles such as bonds. Plus there are hundreds of other factors that will affect the way the market goes. BTW, You aren't the first to propose this theory only the one I heard before started it at 2010 because that's when the first of the boomers will start to retire.


not worrying about another 1929 just yet
Print the post  


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.