FYI: Millions of Baby Boomers across the United States are entering the
retirement phase of investing every year. The landscape for Boomers
today is different than it was for previous generations of retirees.
Capital Group’s Wisdom of Experience survey sought to understand
the dynamics for Boomer investors as they transition into a retirement
mindset, as well as lessons that can be learned for younger generations
of Americans.
The survey reveals important differences between Boomer expectations
and reality when it comes to retirement. This includes whether
retirement life is better or worse than expected, what expenses cause
sticker shock, why people retire earlier or later than they originally
planned, and whether they expect continued bull markets or a period of
market downturns for the coming decade.
Regards,
Ted
https://www.capitalgroup.com/content/dam/cgc/shared-content/documents/reports/03_FF_1602371_PR Wisdom of Experience Part 3 REPORT.pdf
