Retirement Income Change The Demographic Shift
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Retirement Income Change 7

Baby Boomers 1946-1964David Rando writes in "Boomers: Twisting The Retirement Mindset" in 2007 that "Change is brewing in retirement and income planning for the Baby Boomers generation due to unique factors such as a longer life expectancy and more savings than any other generation to date coupled with the need for new sources of guaranteed income."

"How Baby Boomers in Canada and their advisors adapt to these changes in developing personal pensions will determine the type and quality of the boomers' retirement and, quite possibly, for the generations afterward."

Boomer man and womanIn Canada and the United States, The Demographic Shift is profoundly changing the course of the Anglican, Roman Catholic Church and the United Church.

Other non-mainline and smaller denominations like the Pentecostals, Baptists, Salvation Army and Presbyterians will not be as radically impacted but will still feel a ripple affect. These Protestant congregations typically do better in keeping the involvement of their children and teens, and this will be key to helping them survive in the coming thoroughly secular society.

"Retirement Income Change"
by Ron Meacock © 2017

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