Don't bet on the boomers retiring and selling their stocks.
hunh? i don't have to bet, dood. i just have to look and see that folks with ira's will have to make mandatory withdrawals when they hit 'that age'.
sure, maybe they'll be living on interest from muni bonds then. we'll see. but its gonna take a mighty tide of fiduciary irreponsibility for financial advisors to urge retirees, or those 65 and over, to remain as heavily invested in stocks as they did earlier.
A lot of boomers by necessity or preference will be "retired" like Zeev, running a business or two and trading like maniacs in between white water rafting trips on the Amazon.
laff. well, if so, the majority of them will be broke shortly after they retire. exchange that 'rafting the amazon' for 'surfing to amazon.com'. but remember to pay the electric bill.