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bull with snarled knots Would a rise in U.S. interest rates cause baby boomer retirees to shift out of stocks into CDs and other fixed income investments? (Photo: Shutterstock)

In 2014, I looked at the potential impact of present and future baby boomer retirees (those born between 1946 and 1964) on the stock market. As the first wave of baby boomers attained “normal” retirement at age 65 (and approached age 70 ½), an important issue was raised: Would all these retirees depress the stock market as they cashed in their savings? After all, “boomers” have been estimated to own approximately half of the U.S. equity market.

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