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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (2921)9/5/2002 5:38:22 PM
From: The Ox  Read Replies (1) | Respond to of 25522
 
Baby Boomers, born from 1946 to 1954, are currently between the ages of 48 to 56. Most boomers won't need retirement money for another 7 to 15 years, assuming one chooses "early" retirement after the age of 63. Even in this market, 7 years is a very long time. So, I'm not sure I agree with your comments that baby boomers are going to be needing retirement money soon. It's the depression era, pre-war generation who are beginning to need their retirement money now or soon.

If you are a boomer, haven't started saving yet and you need to retire in 7 years, well, that's another story altogether.