"There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement"
- Ron Chernow
About this Quote
This quote talks to the growing anxiety amongst the Baby Boom Generation, who are now realizing that they need to attend to their own retirement. This fear is quickly escalating to a state of panic, as the Baby Boomers come to terms with the reality that they will have to take responsibility for their own financial security in their later years. This worry is compounded by the fact that numerous Baby Boomers are currently facing financial troubles due to the financial recession, and are now confronted with the possibility of needing to save for their retirement on top of that. The Baby Boom Generation is now realizing that they need to take action to ensure their financial security in their later years, and this is triggering a good deal of anxiety and worry.
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