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To the horror of millennials, baby boomers are still getting rich
To the horror of millennials, baby boomers are still getting rich
http://i.amz.mshcdn.com/meWdS_4FcUGs...86b81b8bc7.jpghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg 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... More about Stock Market, Rich, Baby Boomers, Bloomberg, and Businesshttp://feeds.feedburner.com/~r/Mashable/~4/OM8i7muhcQ0 |
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