Megan Mcardle’s piece on retirement in this month’s issue of Atlantic Monthly should be required reading for every boomer advisor. Finally, something new and unique to say about the subject. I don’t necessarily agree with her conclusions, but the points she raises are first rate. A sample:
“A lot of op-eds have been written about what will happen when the boomers retire. Like our policy debates, they tend to focus, somewhat remarkably, on accounting. Will the Social Security Trust Fund go bankrupt? Does the trust fund really exist? These questions are too narrow, and they don’t yield particularly useful answers … the retirement of the Boomers will transform the texture of our society. How will it change our economy, our culture, our politics? When it’s over, will America look better, worse, or just different?”
Read the whole article at www.theatlantic.com.