Baby Boomers Retiring On $75 Trillion In Net Worth

Check out the accompanying pdf and chart collection. Executive Summary: There’s a $75 trillion-wide hole in the theory that consumers’ running out of pandemic savings will sink the economy; that’s the size of Baby Boomers’ collective nest egg. What these seniors don’t pass on to their heirs, they’ll be spending in their Golden Years. … More Boomers than not have retirement savings, reveals data on retirement account ownership by generation cohort, and many face mandatory distributions soon. … Also: The CEI and LEI are conflicted on the question of whether a recession is around the bend or not. We believe not, and investors are coming around to that view too.