“The baby boomers are the richest retiring generation we’ve ever had,” said Edward Yardeni, president of Yardeni Research. “Not everybody is well-off, but we've never had a retiring generation with ...
Older Americans are fueling a sustained boost to the U.S. economy WASHINGTON -- Since retiring ... because it rarely requires borrowing. Affluent older Americans, if they own government bonds ...
Much of their spending is going toward higher-priced services like travel, health care and entertainment, thereby putting ...
Affluent Americans Are Driving US Economy and Likely Delaying Need for Fed Rate Cuts WASHINGTON (AP) — Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year ...