The economy is a mess, the job market is moribund and the stock market remains volatile. Meanwhile, Congress continues to be strangled by partisan bickering and unable or unwilling to figure out meaningful solutions to the country’s most pressing problems. On Monday, the Advisor Confidence Index, which measures advisor views on the U.S. economy and stock market, reached its lowest level in 16 months.
Yet despite all of this turmoil, a new quarterly retirement survey from Charles Schwab finds that pre-retiree baby boomers are remaining relatively calm. How could this be? If anyone is feeling stressed out, shouldn’t it be the baby boomers? With careers, children, parents and retirement planning to worry about, boomers are arguably the world’s foremost multitaskers. To put it simply, they’ve got a lot to worry about.
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