News from the Web:
Both the WSJ and Reuters has articles yesterday telling why baby boomers are in trouble financially. Even sadder was that the articles were about two different things (sort of). The WSJ wrote about boomers having too much debt and not being able to contribute to their savings at a time when they should have their highest income and savings rate. Reuters wrote about fear becoming a self-fulfilling prophecy and the extent to which fear is keeping boomers under-invested in stocks.
read the whole story HERE