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...