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Re: Sucker Rally-Boomer note



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FAIRBANKS3@xxxxxxx wrote:
> 
> Sucker rally? LOL   I've been thinking that for almost two years now, and I'm
> always proven wrong.  I'm begining to think that the big bear market will
> start only when the very first baby boomer  retires and cashes out his 401K

I heard some years ago that peak earning years for a boomer is 47-48. 
>From the demographics of the population the peak of this age group
occures sometime around 2002-2004  or so from what I remember... It is
after that age that the savings rate goes down some because of college
expenses  etc.

Don