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Thursday, June 08, 2006

Boomer retirement may hurt Wall Street

"The impact of the baby-boomer generation's aging and retirement is already raising concerns when it comes to health-care costs, employment and social security. Add another reason to worry about the aging boomers: their impact on the stock market. According to research at the Olin School of Business at Washington University in St. Louis, retirees don't invest as much as younger workers, which could mean a blow to Wall Street when boomers pull out of the workforce."

Washington University in St Louis

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