The Gathering Pensions Storm
The baby boom generation has been described as a pig going through a python. The problem is that the pig is getting close to the end of the python. Many baby boomers are facing retirement without adequate savings of their own. Together with Medicare trust funds that will be exhausted and inadequately funded corporate and government pensions, you have the makings of a potential crisis.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.