Roughly 10,000 baby boomers turn 65 each day, and this trend is expected to continue for the next 14 years. The
aging of America is a major demographic driver and impacts consumer spending trends – and in turn, stocks and financial markets.
Baby boomers represented 26 percent of the U.S. population at the end of 2014, or about 75 million people, according to the Census Bureau. "The boomers have the most disposable income in the system and will for a number of years. There are more millennials, but they don't have the assets of the boomers," says Rodney Johnson, principal at Dent Research, a research and newsletter firm based in Delray, Florida.
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04-07-2012, 03:13 AM
Obama Embraces National Security as Campaign Issue
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