Finally an article that addresses what I had been wondering about. We know that the Social Security system will be in big trouble when we baby-boomers retire. But what will happen to the stock market once we all sell off our IRAs to fund our golden-year lifestyles? Won’t all those sell orders flood the market and drive the prices down, thus leaving us old-timers with less money after all, despite all that saving and investing? The linked article acknowledges the problem, but offers some hope.
When we baby-boomers retire. . .
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About Gene Veith
Professor of Literature at Patrick Henry College, the Director of the Cranach Institute at Concordia Theological Seminary, a columnist for World Magazine and TableTalk, and the author of 18 books on different facets of Christianity & Culture.