Interesting article on the effect of boomers retiring (if they are lucky enough).
As boomers pull out funds, will they pull down markets?
By: Robert Powell, Marketwatch
"Some economists have warned of the possibility of a dramatic decline in demand as baby boomers sell off their assets to finance their retirement; they assert that the sell-off could cause a dramatic decline in prices," Douglas Elmendorf, director of the CBO, wrote in his report. ''
Read the rest here.
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