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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.28+1.7%10:25 AM EST

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To: michael97123 who wrote (52751)5/9/2001 9:07:44 PM
From: Stock Farmer  Read Replies (3) of 77400
 
Mike: "That shift towards fixed income will come later for the boomers than for previous generations"

'Fraid not. Earlier!

The shift occurs when the individual shifts their mental source of income from wage to savings. Previous generation's work ethic was to retire at 65. We boomers were raised on "Freedom 55".

And this recent bull market has put that noble goal right in the hands of so many, so much earlier than we ever expected it.

Last year's "correction" and rotation to Dow bore all of the signature marks of retirement planning.

I would be retired today if it wasn't so freakin' boring.

Worth thinking about.

John.
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