Jennifer Sor Sep 21, 2024, 5:16 AM PDT
Senior couple enjoying a relaxing float in a pool with a downward trending stock line depicted at the bottom of the pool
Getty Images; Alyssa Powell/BI
Baby boomers’ wealth is an “underappreciated” risk to the economy, a portfolio manager told BI.
That’s because they could be heavily impacted by swings in stock and home prices.
A mild correction in either market could lead boomers to pull back on spending.
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