Thursday, July 14, 2016

Low interest rates are about to really mess with America's baby boomers

http://www.msn.com/en-us/money/savingandinvesting/low-interest-rates-are-about-to-really-mess-with-americas-baby-boomers/ar-BBukzkf?li=BBnbfcN

Baby boomers have had it pretty good, however retirement might not be as great....

Low rates mean a more expensive retirement.

Between such high prices for bonds and annuities and the fact that many boomers have meagre retirement savings to begin with, some will feel pressured to stay in the stock market hoping to earn higher returns. But this leaves them exposed to risk; a bad day in market can destroy retirements and a boomer’s sense of security.

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