Baby Boomers and Retirement!
January 26, 2009 by G. A. Harrison
Filed under Money
In a recent press release on “The New Retirement Survey”- James P. Gorman, president of Merrill Lynch Global Private Client Group relayed a couple of interesting finding on baby boomers and their impending retirement.
Mr. Gordon said, “Baby boomers fundamentally will reinvent retirement. With boomers living longer and remaining engaged and employed beyond age 65, many of the traditional financial assumptions regarding retirement need to be re-examined”.
Interesting points that emerged from the survey were:
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