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07-14-2016, 12:31 AM
To the horror of millennials, baby boomers are still getting rich
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Baby boomers started turning 65 in 2011, marking the u**fficial beginning of their retirement years.*
The timing could **t have been better for older boomers, who are*already part of the wealthiest generation in U.S. history. Since then, the broad S&P 500-stock index is up 91 percent, including dividends. U.S. stocks hit a record high yesterday.
Market performance in the early years of retirement is a crucial worry for anyone living off a nest egg. In the worst-case scenario,*stocks crash just as retirees start spending their savings, leaving them in a hole they can ** longer earn their way out of. Read more... (http://mashable.com/2016/07/13/baby-boomers-rich/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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Baby boomers started turning 65 in 2011, marking the u**fficial beginning of their retirement years.*
The timing could **t have been better for older boomers, who are*already part of the wealthiest generation in U.S. history. Since then, the broad S&P 500-stock index is up 91 percent, including dividends. U.S. stocks hit a record high yesterday.
Market performance in the early years of retirement is a crucial worry for anyone living off a nest egg. In the worst-case scenario,*stocks crash just as retirees start spending their savings, leaving them in a hole they can ** longer earn their way out of. Read more... (http://mashable.com/2016/07/13/baby-boomers-rich/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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