richjoy

A Broker's Advice to His Clients

Excellent advice for those in their 20s to 40s.

However, unless something radical happens soon, we are going into a tough recession (some, but not I, think worse).

My point is that this recession will adversely affect millions of baby boomers who are/were planning to retire in the next 5 years. They are going to have to keep working (if they don't lose their jobs).

Furthermore, those in their 50s will need more years to make up lost ground, and even more to overcome the inflation we are going to be experiencing as the Fed uses years of inflation to get us (and banks) out of this huge mess!