TITLE

Affluent Boomers a Happy Lot

PUB. DATE
April 2000
SOURCE
Journal of Financial Planning;Apr2000, Vol. 13 Issue 4, p29
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article reports on the result of the U.S. Trust Corp. survey which indicates that affluent baby boomers are a lot happier than they were in 1995. It shows that the generation were better shape financially and psychologically. The boomers seemed pleased to see their investments increase in value 46 percent since 1993. The weak return of their investments were attributed to the fact they are conservative investors. Baby boomers are less concerned about inflation, taxes, saving for retirement, losing their jobs or going out of their business. Ninety percent of the respondents left most of their gains in the market. Their biggest worry is that the next generation will have a more difficult time financially.
ACCESSION #
3060546

 

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