Recently Released!!!
Date Published: October 2011
Comprehensive Power Point Deck: 1,144 Slides
Summary Power Point Deck: 100 Slides
The purpose of this research is to provide readers with a comprehensive understanding of the vast amount of consumer wealth, the perceived baby boomer savings crisis (or retirement income challenge), and the impacts of the recent declines in both the stock market and home equity.
This research outlines the numbers of consumers & consumer households, summarizes their financial concerns & savings goals, and analyzes the case made for Baby Boomers' perceived savings crisis, including:
- Concentration of Consumer Wealth
- Decline in Pension Plans & Retiree Benefits
- Social Security & Medicare Challenges
- Stagnant Savings Rate
- Lack of Significant World War II Generation Wealth Transfer
- Longer Life Expectancies
- Increased Health Care Costs
This research highlights key data from the Federal Reserve's flow-of-funds report, including:
- Investable Assets
- Financial Assets
- Household Assets
- Household Liabilities
- Household Net Worth
The research concludes with nine predictions for consumer wealth:
- Consumers & Consumer Households Growth
- Consistent Financial Concerns & Savings Goals
- Delayed Retirements
- Increased Consumer Savings Rate
- Focus on Retirement Income & Retirement Paychecks
- Focus on Longevity Planning
- Evolving Views of Retirement Asset Allocations
- Baby Boomers Liquidations
- Immigrant Impacts
