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Benzinga

Business

Adrian Volenik

With 11K Baby Boomers Retiring Daily And 401(k) Withdrawals Ramping Up, Are Millennials And Gen X About To Be The Ultimate Bag Holders?

Frustrated,Concerned,Mature,Elder,Woman,Worried,About,Finance,Problems,,Overspending,

Every day, about 11,000 baby boomers hit retirement age in the U.S., and the wave of 401(k) withdrawals is starting to gain momentum. That has many younger investors wondering: who's left holding the bag?

Wealth Transfer Or Wealth Drain?

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