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Early baby boomers will be hit particularly hard
Τμήμα Άποψης
1
#6952
Everyone will be hurt to some degree by the finanical crisis, but the effects may be particulary hard for early baby boomer over the age of 55.
Λεπτομέρειες πλοηγού
(Βοήθεια)
-
The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
Potential consequences of the financial crisis? »
Potential consequences of the financial crisis?
Potential consequences of the financial crisis?☜What are the potential consequences of the financial crisis?☜FFB597
▲
US faces severe recession »
US faces severe recession
US faces severe recession☜The US faces a recesssion in which the production of consumer durables and the construction of new houses nosedives.☜59C6EF
■
Early baby boomers will be hit particularly hard
Early baby boomers will be hit particularly hard☜Everyone will be hurt to some degree by the finanical crisis, but the effects may be particulary hard for early baby boomer over the age of 55. ☜9FDEF6
●
Asset value of houses has declined significantly »
Asset value of houses has declined significantly
Asset value of houses has declined significantly☜Early baby boomers who have been relying on cashing in houses for retirement will be find them significantly less valuable.☜98CE71
●
Insufficient time to make up these losses »
Insufficient time to make up these losses
Insufficient time to make up these losses☜Early baby boomers wont have sufficient time left ahead of retirement to make up for these losses (nor make up the gains previously expected across this period).☜98CE71
●
Older workers find it harder to find new jobs »
Older workers find it harder to find new jobs
Older workers find it harder to find new jobs☜Older workers who lose their jobs often find it harder to find new jobs.☜98CE71
●
Older workers often the first to be laid off in an economic crisis »
Older workers often the first to be laid off in an economic crisis
Older workers often the first to be laid off in an economic crisis☜Employers often lay off older workers first in an economic crisis.☜98CE71
●
Value of 401-k plans declined significantly »
Value of 401-k plans declined significantly
Value of 401-k plans declined significantly☜ Value of 401-k plans declined significantly.☜98CE71
►
Sudden, sharp increase in global risk aversion by baby boomers »
Sudden, sharp increase in global risk aversion by baby boomers
Sudden, sharp increase in global risk aversion by baby boomers☜The scale of the recent stock market sell offs is indicative of a sudden, sharp increase in global risk aversion by baby boomers and retirees in the US and around the world seeking to move out of risky assets at the same time.☜FFFACD
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Συγγραφέας:
Robert Reich
Παρατέθηκε από:
David Price
7:25 PM 13 October 2008 GMT
URL:
http://robertreich.blogspot.com/2008/10/early
Απόσπασμα-
http://robertreich.blo...
"Early Boomers and the Economic Mess"
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Προστέθηκε από:-
David Price
NodeID:
#6952
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Ημερ/νία δημιουργίας(GMT):
10/5/2008 3:53:00 PM
Ημερ/νία τελευτ. επεξεργασίας(GMT time):
10/5/2008 3:53:00 PM
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