Meet the typical baby boomer: debt, net worth, real estate, retirement

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Meet the typical baby boomer: Worth $206,000, they've been blamed for ruining the economy for millennials and are in the midst of the 'gray tsunami'

found the generation has"earned record levels of income, generated great wealth, and spurred economic growth."They've witnessed some of the most important cultural and political events in American history, which have defined their upbringing.

Culturally, they were also defined by Woodstock, Beatlemania, and the moon landing. And, while millennials and Gen Z are the generations known for their tech savviness, boomers were first to witness the advent of some of the technology we use today. Steve Jobs and Bill Gates, the men behind Apple and Microsoft respectively, were part of the baby boom.

"The magnitude of the boomers' votes and financial resources have given them enormous political influence over the last 40 years," wrote investor and cofounder of Oaktree Capital Management Howard Marks IRAs can be a good way to save for retirement, but there are different types to choose from, with each offering different tax benefits and rules.. Boomers benefited from the post-World War II economy, it stated, which saw declining tax rates on high-income households and a strong stock market. They held onto these savings in the face of low interest rates and a declining pension system.

 

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Ok but they did ruin it for us so…

They pissed away over a century of labour gains. No war but class war!

看看典型的婴儿潮一代:价值20.6万美元,他们被指责破坏了千禧一代的经济,并且正处于“灰色海啸”之中

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