Friday, May 06, 2005

WSJ.com - As Boomers Retire, a Debate: Will Stock Prices Get Crushed?

I enjoy Professor Siegel's books but this article is ridiculous. At best, it has some points but the timing is wrong. The peak investing and spending time is just now approaching for the baby boomers. The youngest of the boomers are only 47 years old.

When the boomers retire, they will live pretty good lives. Retirement is not like it was 50 years ago. Most retirees have more disposable income than they need. Many are deciding to work longer. I wish I had a nickle for every worry wort article that is published.

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