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<blockquote data-quote="Son of Butch" data-source="post: 1457039" data-attributes="member: 14585"><p>In a few years the whole 'baby boom' generation will have reached retirement age.</p><p>Currently they are putting more into 401k's than they are withdrawing, but as they age that will be changing.</p><p>The stock market is at an all time high in part because of all the 401k money going into the stock market.</p><p>Based on historic trends the market is over due for a correction.</p><p></p><p>A triple whammy of a reduced limit on 401k investing, increased 'baby boom' withdrawals and the natural correction</p><p>cycle all markets always go through... could/would throw the stock market/our economy into a tail spin.</p><p>Maybe not as deep as the great depression, but in my opinion one that would be longer lasting.</p><p></p><p></p><p>With an ever increasing spread between the haves and the have nots 2/3s of the children born today are going to be </p><p>faced with a very tough row to hoe.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1457039, member: 14585"] In a few years the whole 'baby boom' generation will have reached retirement age. Currently they are putting more into 401k's than they are withdrawing, but as they age that will be changing. The stock market is at an all time high in part because of all the 401k money going into the stock market. Based on historic trends the market is over due for a correction. A triple whammy of a reduced limit on 401k investing, increased 'baby boom' withdrawals and the natural correction cycle all markets always go through... could/would throw the stock market/our economy into a tail spin. Maybe not as deep as the great depression, but in my opinion one that would be longer lasting. With an ever increasing spread between the haves and the have nots 2/3s of the children born today are going to be faced with a very tough row to hoe. [/QUOTE]
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