The bill arrives for all those years of carefree consumption
Article Abstract:
The baby boomer generation lived a financially carefree life, but many are realizing that they do not have the necessary resources to carry them into the retirement age. Many believe that in 1998, and in the years that follow, baby boomers will start saving money. Social researcher Hugh Mackay argues that baby boomers grew up with a promise of economic and material prosperity, but for many of them the economic reality will be realized in their retirement years.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
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A not-so-super policy
Article Abstract:
Many investors in Australia are becoming critical of National Mutual's policies, finding themselves committed to inflexible, low-earning, and high-fee policies. However, many are choosing super funds, which give them penalty-free accounts that would otherwise consume more than 20% of their money. Super funds offer investors retirement savings plans that perform better without large fees or penalties.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
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Bear necessities for market survival
Article Abstract:
The majority of investment managers believe a market correction is inevitable in late 1997 or 1988 and are suggesting caution with investments. None are expecting the type of crash that occurred in 1987, but bearish managers are allowing cash reserves to build so they are poised to move into the market if a downturn occurs.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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