CHAPTER 4How Baby Boomers’ Later Years Will Unfoldimage

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IF THE STOCKS-FOR-RETIREMENT CYCLE can’t be made to work, millions of boomers will learn that they will not be able to retire comfortably when they reach their mid-sixties, as they had hoped. When this happens, at least two major shifts can be expected.

  • Many boomers will have to make more complex decisions about their later lives than previous generations, and some boomers will have to work for more years instead of retiring.
  • Stocks will lose their aura as retirement investments and the demand for them will shrink. Whether or not stock prices decline severely, less emphasis will be placed ...

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