It has become fashionable to blame many of today’s problems on the baby boomer generation. Born between 1945 and 1965, these people enjoyed the full extent of the 40-year decline in interest rates in the United States during their prime earnings years. Hence, they could invest their savings at exceptionally high equity and bond market returns while at the same time see the value of their homes increase steadily. Now, this generation is retiring and calmly
OK Boomers
OK Boomers
OK Boomers
It has become fashionable to blame many of today’s problems on the baby boomer generation. Born between 1945 and 1965, these people enjoyed the full extent of the 40-year decline in interest rates in the United States during their prime earnings years. Hence, they could invest their savings at exceptionally high equity and bond market returns while at the same time see the value of their homes increase steadily. Now, this generation is retiring and calmly