Natural financial dynamics of the baby boom generation
Baby boomers bid up prices for homes and shares when incomes, accumulation of home equity and retirement savings were high in middle age, and then tried to downsize their homes and switch from shares to safer investments as they approach retirement.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
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Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
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Natural financial dynamics of the baby boom generation
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Eligible for social security retirement benefits in 2008 »Eligible for social security retirement benefits in 2008
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Baby boom generation spans 20 years »Baby boom generation spans 20 years
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Researchers haven't found evidence of demographic effects »Researchers haven't found evidence of demographic effects
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Sudden, sharp increase in global risk aversion by baby boomers »Sudden, sharp increase in global risk aversion by baby boomers
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Demographic changes as baby boomers move to retirement »Demographic changes as baby boomers move to retirement
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