Boomers Retirment Won't Sink Stock Market, by Rodger Lowenstein

[joel123]

http://www.smartmoney.com/mag/index.cfm?story=august2007-boomers&src=fb&nav=RSS20



The latest on a long-held financial rumor.

[sonic]

Yeah, Ive been hearing the rumor for years. As the Baby Boomer retire and begin to cash in, the stock market will tumble.

[cz111]

Interesting how the article describes baby boomers as generally poor savers, but circumstances having fostered a savings mentality in coming generations. It will be interesting to see how this plays out. I certainly would have guessed otherwise...that the post-baby boom generations would be just as poor savers.