Investing in an Age of American Austerity

Walker, Lewis J.
June 2011
Journal of Financial Planning;Jun2011, Vol. 24 Issue 6, p38
Academic Journal
The article reports that the new wave of retiring baby boomers in the U.S. could face a variety of unexpected changes with the rising of national debt and the possibility of inflation. The author states that austerity is in the cards in the form of a budget and tax squeeze at all levels of government. He suggests that in dealing with life transition challenges, alternatives, resources, and expectations, deep conversation on investment planning should be formulated. He also suggests on paying more attention to liquidity in approaching the challenges of aging and special needs, especially health care.


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