| When the babyboomers pull their money out of the market when they reach 70.5, will the market see a drop |
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HackedB
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From a prediction by Robert T. Kiyosaki, Rich Dad Poor Dad series.
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Wil
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l think many baby-boomers are pulling their money out of the market now. It does not make sense to wait until you are 70 years old, when the stock market is going down every day now.
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North
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Maybe thats what caused this 40 percent drop in the last year. Seriously though the answer is no. Most people dont take their money out all at once at the last minute. They have been gradually reallocating it to fixed income investments as they got older.
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