Tuesday, Nov 21, 2006

One for the boomers

Will the baby boomers be better-off than their parents in retirement?: London School of Economics

The paper concludes that although many of the 1960s baby boomers will be better off
in retirement than their parents generation, there is evidence that the poorest baby
boomers have benefited relatively less from recent economic growth than the cohort
on average, reflecting widening inequality within the cohort. The increasing emphasis
on the individualisation of risk means that incomes in later life are likely to be more
rather than less unequal in the future, with the result that some baby boomers may
well fare a less secure retirement than their parents generation.

Posted by scumbag @ 04:53 PM (2806 views)
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