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Boomer care squeeze


Tue Jan 9 2007

Superfunds --- Page: 5 : December 2006
No author supplied for original article

ABIX Summary
Asteron has warned baby boomers about the negative impact of a "carer drought" on their retirement income. Studies conducted at the University of New South Wales indicate that many baby boomers will have to support both their children and their aging parents. In the US, baby boomers are described as "the sandwich generation". Louise Biti, head of technical services at Asteron, advises baby boomers to plan for greater self-sufficiency in retirement.


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