The economic impact of U.S. baby boomers (it ain't pretty)

We want to call attention to a new report from McKinsey Global Institute, the academic arm of McKinsey & Co. The numbers are new, but the conclusions aren't; boomers haven't saved enough. However, the manner in which the report is presented and the solutions the authors present are some of the clearest and easy to understand that we've seen. It's well worth a visit and is something that can act as an aid in explaining the challenges ahead to prospects and client. View the report (registration required) at http://www.mckinsey.com/mgi/publications/Impact_Aging_Baby_Boomers/.

About the Author
John Sullivan, AdvisorOne

John Sullivan, AdvisorOne

John Sullivan is the Editor in Chief of Investment Advisor magazine and the editor of the Retirement Channel for AdvisorOne. Sullivan is the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.

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