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Baby Boom Generation: Retirement of Baby Boomers Is Unlikely to Precipitate Dramatic Decline in Market Returns, but Broader Risks Threaten Retire Security
The first wave of baby boomers (BB) (born between

 
Our Price: $20.00
By Barbara D. Bovbjerg (au); George A. Scott (au)
Year: 2006
Pages: 64
Binding Paperback

Product Code: 1422308642

Description
 
The first wave of baby boomers (BB) (born between 1946 & 1964) will become eligible for Social Sec. early retire. benefits in 2008. Concerns have been raised about the possibility for BB to sell off large amounts of financial assets in retire., with fewer younger U.S. workers avail. to purchase these assets. Some have suggested that such a sell-off could precipitate a sharp and sudden decline in asset costs, or reduce long-term rates of return. This report examined: (1) whether the retire. of the BB is likely to precipitate a dramatic drop in financial asset costs; (2) what financial industry participants expect the effect of the BB retire. to have on financial markets; and (3) what role rates of return will play in providing retire. income in the future. Tables.

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