The Demographic Cliff Has Arrived
One of the most-discussed economic issues concerning the immediate future is the potential impact of the demographic drag caused by the aging of the baby boomers. As the story goes, the generation born between 1946 and 1964 will begin to have a negative impact on economic activity as these folks move into retirement and their consumption decreases.
Traditionally, after the age of 60 consumption does indeed decrease dramatically, along with earned incomes. But this process actually begins before retirement. Most people reach their peak earning and consumption years about 10 years before they retire, between the ages of 46 and 54. ...465 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.