This will suck ass and the day your parents die the Dow will be down, their last shares of GE sold to pay for the funeral. Buzzfeed's lead story will be that the Social Security Trust Fund is officially insolvent.

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#25147110)

BOOOOOOOOOOOOOMEEEEEEEEERS!!!

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#33666735)

boomer teachers taught gen x and gen y to leave the world a better place than they found it

gen x and gen y bought it and boomers laughing all the way to long retirements, sex club nursing homes, and pensions pensions pensions

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#37463996)

senior housing properties

companies that make stuff like knee and hip replacements

companies that sell clothing to increasingly insecure and vain boomer women

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#25147382)

LTC - they invest in senior housing and autistim care housing, 5.5% dividend, payments monthly

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#25147417)

Author: colt, rode off into sunset 12/22/2015

General market exposure is not the place to find value atm

(http://www.autoadmit.com/thread.php?thread_id=#)

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#34134012)

Author: Refunkulus (Some guys prefer syrup - but I prefer the jelly.)

index funds are already becoming dangerous in my mind

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2#25147439)

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#34134025)

the market should be priced to make money

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#29639249)

Another shitboomers was like "not in my cabin, but I hear Bill's cabin was rocking."

Then one of the boomers was left and one of his friends said "Be well Jim. Remember, lots of sex and alcohol!"

They were having this conversation loudly in front of several familes witg children. Do these fucks have zero shame?

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#25147421)

the share price of a stock is function of its future earnings. historically that ratio has been 15 (i.e., market is will to pay 15x a company's expected annual income stream) if OP thinks boomers leaving the equity markets will have a significant effect on share price irrespective of a company's financial performance, then at some point P/E ratios are going to plummet, in which case companies could be bought for ridiculously cheap. At some point something has to give. imagine being able to pay $1B to acquire a company that will earn $250M/year.

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#25214359)

Here's why that really fucks us:

http://www.nytimes.com/2014/07/26/upshot/why-a-soaring-stock-market-is-wasted-on-the-young.html

Look at the chart in the middle with steady eddie.

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#26048343)

stocks are valued in order to make money that justifies the risks

therefore, if the market overall is seen as likely shitty for a long time, what is more likely to happen is that it takes a hard hit over a short period of time in order to reset.

a slow descent over a long period of time would take some uber skills by the fed and a hell of a lot of luck.

I know japan had a flat market for a long time, but that's not a bear market

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#27277852)

Investors pulled a net $11.4 billion from tax-deferred savings plans in 2013, according to an analysis of government data provided to The Wall Street Journal by BrightScope Inc., ending decades of expansion. Complete industry information for 2014 isn’t yet available.

The movement out of 401(k)s is expected to accelerate in the coming decade as more baby boomers retire, squeezing large money-management firms that rely on fees charged to employers and investors as a chief profit engine, some analysts said.

Asset managers hope they can replace the outflows with a new surge from millennials or other products, such as individual retirement accounts. One industry data provider said most funds leaving 401(k)-style plans are migrating to IRAs.

It is “an inflection point” for the U.S. retirement industry, said J.P. Morgan Chase & Co. analyst Ken Worthington in a research note in April.

Large money managers will be forced to cut fees, offer different products or consolidate operations, Mr. Worthington added in an interview. “It changes the dynamic of the business itself.”

Tax-deferred 401(k) retirement accounts came into wide use in the 1980s as big companies embraced them as a replacement for costly pension funds. Baby boomers were the first generation to rely heavily on the savings plans and helped create a multitrillion-dollar industry that supported hundreds of investment firms and financial planners.

Assets held by 401(k) plans ballooned to $4.6 trillion in the fourth quarter of 2014, up 171% from $1.7 trillion in 2000, according to the Investment Company Institute, a trade organization for mutual funds.

Now the 401(k) generation is ready to take its money out as the number of Americans reaching retirement age this year is expected to hit 3.5 million, up from 2.7 million in 2010, according to J.P. Morgan Chase and Census Bureau data.

One investor preparing to begin his exit is Dave Bernard, 56 years old, who retired three years ago as a consultant to startups in Cupertino, Calif. He and his wife, an office manager, both have a sizable amount invested in their 401(k)s, but in the coming months, when his wife retires, Mr. Bernard will start pulling money out of his plan for living expenses.

He expects to make withdrawals for about 10 years until he can access the full amount of Social Security benefits.

“We’re going to end up using a good portion of our 401(k) to subsidize us,” Mr. Bernard says.

The biggest 401(k) operators in the U.S. noticed the shift first since they generally serve older workers, according to BrightScope. In the past four years, investors pulled a net $12.8 billion from the top 25 plans by assets, according to BrightScope.

Estimates vary on how long the 401(k) net outflows will last and how severe they will become. Financial-services research firm Cerulli Associates projects outflows will persist at least until 2019 when investors will pull an estimated $51.6 billion, according to a December report. J.P. Morgan predicted in its April note the trend will last through 2030, with outflows peaking at $40 billion in 2019.

That money could stay with the retirement industry if baby boomers move 401(k) funds to IRAs. Contributions into IRAs are expected to reach $546 billion by 2019, up from $205 billion in 2003, according to Cerulli.

Some money managers are banking on another demographic group to reverse this shift: millennials. But they acknowledge that will require some convincing.

“Millennials haven’t moved into a higher savings rate yet,” said Douglas Fisher, Fidelity Investment’s head of policy development on workplace retirement. Fidelity is one of the largest providers of 401(k)s, managing accounts for 13 million people across 20,000 companies.

“We need to start getting them to the right level,” he said.

But even if millennials boost their savings, it will take some time for asset managers to see the benefits, said Mr. Worthington of J.P. Morgan.

“Redemptions in the industry are actually going to get worse for the next four to five years,” he said.

Scott David, the head of U.S. investment services for fund firm T. Rowe Price Group Inc., says the key to offsetting outflows from retirement plans is to move older workers into different products at the firm. T. Rowe also is among the largest 401(k) providers.

“Their distribution from a 401(k) plan just means they’re entering a different part of their life,” he says. “They still have investment needs, but their investment needs will change a bit.”

Some money-management firms are expected to lower fees in an attempt to keep market share.

Vanguard Group and Fidelity recently made moves to cut fees in retirement products, and 401(k) participants invested in stock mutual funds paid an average expense ratio of 0.58% in 2013 as compared with 0.63% a year earlier, according to the Investment Company Institute and Lipper Analytics, a mutual-fund research firm. Other fee rates in mutual funds also dropped that year.

One investor who is ready to pull money even though she doesn’t need it is Denise Dobkowski Hammond, 68, who retired about seven ago from her post as treasurer of West Bloomfield, Mich. Ms. Hammond says she saved as much as she could her entire life, putting the maximum amount into her retirement accounts and paying off her house.

Ms. Hammond said she doesn’t need her savings to live on, but a federal law requires her to start withdrawing money from her 401(k) at age 70½.

“I’ll pull out the minimum unless the kids need something,” she said.

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#28133145)

https://www.youtube.com/watch?v=Ap8Ts6lv_k0

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#37776884)

https://www.fool.com/retirement/2017/02/28/10-statistics-that-prove-baby-boomers-are-in-big-t.aspx

But more hilarious than all that is Gen X, who are totally fucked on retirement savings:

https://finance.yahoo.com/news/won-apos-t-believe-many-190000514.html

The bottom half of Gen X has saved nothing and will have to take on more risk to build up any kind of retirement savings by their 60s. Probably 50+% of Gen X will work until they are 70.

(http://www.autoadmit.com/thread.php?thread_id=2512155&forum_id=2Vannesa#37777007)