Thursday, November 17, 2005

 

Boomer Bust; Postwar Generation Faces The Future

The postwar baby boom generation has enjoyed decades of unprecedented affluence and freedom, but a new survey indicates that baby boomers in Massachusetts, at least, have concluded that the party won't continue into their golden years.

Their concerns are well-founded. While everyone agrees that Social Security is heading for financial trouble, few elected officials dare address the issue. That is because the pension model established during the Great Depression has become the "third rail" of politics, and woe betide the reform-minded politician who dares to touch it.

Boomer Bust; Postwar Generation Faces The Future
Source: Insurance News Net

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