What Will Baby Boomers Retiring Mean for Stocks, Bonds, Money Market Funds
July 6, 2010 — “Next year, the first of the 79 million
Baby Boomers will hit 65 — retirement age.”
“Given the stock market’s dismal returns the past decade, few will have as much saved for retirement as they had planned,” writes John Waggoner in USA Today.
“The big question: If Boomers follow the usual pattern of shifting their portfolio mix toward income-generating investments — bank CDs, bonds and dividend-paying stocks — will the stock market’s long dry spell drag on?” Continue reading…
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