Tuesday, June 20, 2006

 

Baby Boomers

Here’s an article on CNN Money. We should be thinking about what will happen to economy when the baby boomers retire. Will we hear a giant sucking sound as they pull their life savings out of the stock market?

Then I read in this article:

“The median amount in a boomer's 401(k) is just over $44,000, according to Hewitt Associates, an employee-benefits consulting group”

It looks like the Baby Boomers aren’t going to retire any time soon.


Tags:Business, Career, Investing, Money


If you enjoyed this article Subscribe to my RSS Feed
Post to Del.icio.us Account Bookmark this page on del.icio.us
# posted by Bryan C. Fleming @ 11:13 AM
|



<< Home

This page is powered by Blogger. Isn't yours?