The article is a tad old and targeted to boomers, but it's still relevant to anyone investing for retirement. Here's a summary of the 5 trends:

1. Investment returns will cool off - many predict stock gains of only 6% to 8% in the coming years

2. The fastest growth (and biggest gains) will come from abroad - US's share of global economic output is expected to be cut nearly in half over the next quarter-century, to around 17%, as the emerging economies of China, India and Latin America mature

3. Taxes will go up - They're below where they've been in the past and the deficit can't increase forever. Article mentions what the tax rate was in 1980. Top bracket was 70%, and those earning $100K in today's dollar still fell in the 49% bracket.

4. Your career will get...complicated - Expect more job churn and job instability.

5. The most reliable retirement plan will be Plan B - Fewer traditional pensions, weaker stock market and a more shaky Social Security may require you to tap into your home equity

 

Submitted: Jun 5, 2008    Views: 134    Comments: 0    Likes: 2   


View Article: http://money.cnn.com/2008/01/28/pf/whats_next_mar/


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