As the demographic change continues, there are still a lot of people who argue that the retiring baby boomer generation will consume some if not all of their savings, leading to lower equity returns and lower savings rates. Yet, so far, we haven’t seen any of this happening. Instead, there is plenty of evidence that older people do not save less than younger.
Are older people saving more?
Are older people saving more?
Are older people saving more?
As the demographic change continues, there are still a lot of people who argue that the retiring baby boomer generation will consume some if not all of their savings, leading to lower equity returns and lower savings rates. Yet, so far, we haven’t seen any of this happening. Instead, there is plenty of evidence that older people do not save less than younger.