The Traderszone Network

Published in TZ Latest News 16 January, 2017 by The TZ Newswire Staff

Peak Savings: Wall Street Faces 20 Years Of Retirement Withdrawals As Boomers Hit 70 1/2

The United States is a demographic time bomb, plain and simple.  Over the next 30 years, the U.S. economy will face an unrelenting demographic transition as ~75 million baby boomers exit the highest wage earning years of their life and start to draw down what little retirement savings they’ve managed to tuck away while wreaking havoc to the public “safety net” ponzi schemes, like Social Security, that will almost certainly be insolvent in a decade.

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