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Originally Posted by Bavarian
Fellow Fed, great points. People need an IRA also, if they can. Buy good stocks and reinvest the dividents. My main worry is who in the next generation will be able to afford to buy our houses when it comes to downsize or move to assisted living. There's always the Reverse Mortgage.
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The baby boom was followed by a baby bust. In the years to come selling a home in a retirement community may be difficult.
Also, over the last several years the stock market has been driven by boomers investing for retirement. As boomers sell off shares to fund their golden years prices (P/Es) may drop.