The baby boom generation, those 77 million Americans born during the postwar period of 1946 to 1964, has witnessed the Dow Jones Industrial Average increase by a factor of 40 and has also enjoyed approximately 500% growth in home equity during their adult lives. But somehow, 25 million of the 77 million boomers currently have a net worth of less than $ 1,000 (excluding the value of their home equity). Boomers' financial situation, combined with rising life expectancies, means they will require high-quality retirement planning advice. Many of them will want that resource to be their tax advisor or a referral from their tax advisor.
Monte Carlo Simulation: Smart Bet for Baby Boomers' Retirement Plans
Source: Insurance News Net
Monte Carlo Simulation: Smart Bet for Baby Boomers' Retirement Plans
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