From today's NYT, " “The fact of the matter is that this aging-but-not-yet-aged segment of the baby boomer class can’t afford to retire,” said David A. Rosenberg, the chief economist of Gluskin Sheff, a Canadian firm, noting that overall household net worth was 15 percent lower than at the prerecession peak. “Dreams of the 5,000-square-foot McMansion being a viable retirement asset have morphed into nightmares of a deflationary ball and chain.” "
http://www.nytimes.com/2012/05/19/b....html?nl=todaysheadlines&emc=edit_th_20120519
omni
http://www.nytimes.com/2012/05/19/b....html?nl=todaysheadlines&emc=edit_th_20120519
omni