Demographics Is Not Destiny!

Buckner, Gail
November 1999
Journal of Financial Planning;Nov99, Vol. 12 Issue 9, p108
Academic Journal
This article emphasizes the thought that demographics is not destiny. Maybe the demographic prognosticators have got it right, but they're just early. After all, baby boomers don't think of themselves as old or "mature." And they think "old age" doesn't start until age 79. Perhaps all the things being predicted about stock prices and market crashes are going to happen, just not when they're expected. Since baby boomers think of themselves as at least ten years younger than they really are, maybe all the expected behaviors will be pushed events, the level of interest rates, the Dow Jones Industrial Average, home sales and so forth.


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