Boomers Unlikely to Unload Their Stocks

So baby boomers, heading into retirement and leery of risk, will unload their stocks — and deflate the equities market for a long time, right? Don’t bet on that. For reasons ranging from low bond yields to estate planning, they’ll likely stick with stocks, especially those paying nice dividends. Of the 314 million people who live in the United States, 76 million or nearly 25 percent were born between 1945 and 1964. This baby boom generation sent a pressure wave of demand through the economy for the past 40 years. Boomer consumption created wealth. Wealth led to increased savings. Financial…

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