Sentences with phrase «cash from their baby boomer»

And third, that same generation may inherit a lot of cash from their baby boomer parents and relatives, which might wash them out of the GIS regardless.

Not exact matches

And Forrester researchers highlighted in a study that baby boomers, between the ages of 51 and 69, are the «biggest spenders» because they have extra cash from decades of saving and investing — something millennials just can't afford.

«We are delighted to celebrate the 65th anniversary of Franklin Income Fund, which was introduced by the company's founder Rupert H. Johnson Sr. to address investors» need for income, especially in retirement years,» said Dan O'Lear, executive vice president of Franklin Templeton Distributors, Inc. «As today's massive Baby Boomer population moves into retirement, they are seeking an income solution that they can count on to replace the cash flow from their working years, with the potential for some growth as well.

Aside from that, the idea that baby boomers will be able to cash out of their homes to fund retirement will be hooey, unless we let wealthy foreigners buy into the US.