i see it as a very pressing matter for our economy to take into account all of the Baby Boomers that are going to start their retirement in the next few years.  the reason for this concern is this: most defined benefit (pension) plans are going the way of the dinosaurs.  they have been declining for years.  this means that most boomers’ retirement funds are in IRA’s or something similar. where do these accounts really keep the money? in mutual funds, that in turn fund the Market.

why is this a problem? well… i am sure that these retiree’s need to have money to live during these Golden Years. this means that they have to take money out no matter how low the market is. they don’t have the choice, they have to have the money, and make no mistake they are a significant percentage of the market.

so when they start this withdrawal, i am sure that we will be feeling it. so tuck in and hang onto your positions. reverse your thinking. fight against your worries. we will make it through this, just like all the others down times.