CBO: Will the Demand for Assets Fall When the Baby Boomers Retire?

Will the Demand for Assets Fall When the Baby Boomers Retire? September 2009. Background Paper

  • “Between 1946 and 1964, some 78 million babies were born in the United States, forming a cohort that has come to be known as the baby-boom generation. When the oldest people in the group turned 62 in 2008, the generation’s first members reached the age of eligibility to collect retirement benefits under Social Security and, presumably, began to retire from the workforce. Some economists warn that if the babyboom generation begins to sell off assets to finance retirement, there could be a steep decline in the demand for assets, particularly stocks…”
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