Got this from the Yahoo Finance page:
http://finance.yahoo.com/columnist/article/business/8167
BEST COLUMNS OF THE DAY
Boomers won't sink stocks
Don't listen to the doomsayers, says Robert Powell in MarketWatch.com. The stock market won't crash as 77 million baby boomers retire over the next few decades and sell off their holdings. Pessimists say everyone will sell en masse, creating "an insidious bear market" and sending us all into "soup lines." But a recent report by the Government Accountability Office says most boomers "don't have any assets to sell." And those who do are more likely to "spend down their money slowly," as retirees do now.
http://finance.yahoo.com/columnist/article/business/8167
BEST COLUMNS OF THE DAY
Boomers won't sink stocks
Don't listen to the doomsayers, says Robert Powell in MarketWatch.com. The stock market won't crash as 77 million baby boomers retire over the next few decades and sell off their holdings. Pessimists say everyone will sell en masse, creating "an insidious bear market" and sending us all into "soup lines." But a recent report by the Government Accountability Office says most boomers "don't have any assets to sell." And those who do are more likely to "spend down their money slowly," as retirees do now.
