Top News From Today's "Boomiverse"
Drugstore chains closing in on aging baby boomers; increased prescription sales contribute to building boom among national chains
Michelle Kearns
Buffalo News
February 5, 2007
Overview: Due to the increase in prescription drugs, baby boomers are contributing to the growth of drug store chains across the country.
http://www.buffalonews.com/editorial/20070205/1054393.asp
Built to suit boomer living; Communities geared to adults get a makeover
Jim Wasserman
The Sacramento Bee
February 4, 2007
Overview: Wasserman’s article focuses on boomers and retirement communities. He writes, “Boomers want more than trails, outdoor life and trips to wine country. They also want their adult communities to offer college classes, learning experiences and chances for civic engagement in the larger communities beyond their neighborhood.”
http://www.sacbee.com/101/story/118318.html
Could the Market Fall Down and Go Boom?
Martha M. Hamilton
The Washington Post
February 4, 2007
Overview: Hamilton reports on the future of the market as boomers begin to retire. Specifically she writes, “The GAO also notes that the boomers will retire, not all at once, but over a 19-year span, which could soften the impact of any selling they might do and that many may work well beyond the traditional retirement age, continuing to accumulate assets. The GAO also suggests that many affluent boomers will want to leave something to little Madison or Jacob, so they won't be selling. Or they may want to hang on to stocks as a hedge against inflation. Of course, a falling market might undermine both of those motives.”
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/03/AR2007020300120.html
