The baby boomers — the generation that questioned the authority structure and coined the phrase “don’t trust anyone over 30” — are moving squarely into the 55-and-older age group.
Remember, this is the generation that drove change at each life stage. And they will no doubt challenge the culture of aging in America as well.
Investing for the Golden Age
Had the economy remained robust, Boomers would probably have begun a steady, organized transfer of retirement assets out of the stock market — reallocating to safer, fixed instruments designed to shield retirement nest eggs from normal volatility.