Pundits have been telling corporate America for years that the Baby Boomers will soon create a “retirement tsunami”. But there’s one small problem – the pundits are wrong. As it turns out, there are far fewer than the much-touted “78 million Baby Boomers poised for retirement”. In fact, the growth rate in both the number of new retirees and the total number of retired persons will be less than 3 to 4 percent each year for the next 25 years – and could even be zero.
The Baby Boomer Retirement Fallacy and What It Means to You
Pundits have been telling corporate America for years that the Baby Boomers will soon create a “retirement tsunami”. But there’s one small problem – the pundits are wrong. As it turns out, there are far fewer than the much-touted “78 million Baby Boomers poised for retirement”. In fact, the growth rate in both the number […]
May 16, 2008