Boomers

• Boomers will live longer than any generation

• Boomers are poor savers

• Boomers may not be able to count on an inheritance since many of their parents will need all their money to finance their own long lives

• Some boomers may have to help ageing parents financially in the last few years

• Boomers will work longer

• Most boomers will break into their savings

Financial Post Nov./2006

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