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Are Generation X and Generation Y investors ready for a baby boom beating?
As the first wave of that pig-in-a-python generation — the 79 million Americans born between 1946 and 1964 — move into retirement, experts warn a boomer stock sell-off could cause equity valuations to plummet, likely sending the portfolios of young investors into a tailspin.
“The peak of the valuation in U.S. equities was 10 years ago,” says T. Doug Dale Jr., an adviser with Security Ballew Wealth Management in Jackson, Mississippi. “Valuation levels are coming down. You have a lot of baby boomers selling off assets as they need to liquidate for retirement and that will further exacerbate the decline in valuations.”
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