Baby boomers' expectations
Article Abstract:
The aging baby boom generation has new needs and expectations that financial services and insurance companies should be aware of for their products. A survey of baby boomers showed that they expect to save and invest enough to maintain their pre-retirement lifestyle after retirement. Most baby boomers required a targeted retirement income plan and savings incentives including high-yield annuities, tax-free or tax deferred products and health care insurance for long term and catastrophic care. These expectations will provide opportunities for willing companies.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1992
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How much should we worry about inflation?
Article Abstract:
Inflation should not be regarded as an automatic negative because it is tied to economic growth and so some inflation can improve the overall economy. The problem with inflation is that it is often allowed indiscriminately by political leaders who have another goal, such as tax cuts or social program funding, until the costs of reducing inflation are significant. Inflation is likely to increase moderately into the 2000s due to increases in consumer prices though no serious commodity disruption is expected that would result in high inflation.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1996
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The stock market boom and the baby boomers
Article Abstract:
Most members of the baby boom generation will not be capable of sustaining their current standard of living when they retire without increased savings. Saving rates are less than 4% in 1998, approximately half of the 1983 rates. Baby boomers have looked for high returns by increasing risk in equity investment, and this strategy has largely worked. Stock market values are probably temporarily overdone, so normal prices will likely return before 2000.
Publication Name: Journal of the American Society of CLU & ChFC
Subject: Law
ISSN: 1052-2875
Year: 1998
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