Sunday, January 04, 2004
TheBostonChannel.com - Money - Stock Market Affects Older Investors' Lifestyles: "Stock Market Affects Older Investors' Lifestyles
AARP Survey Includes People 50 And Over
Last year's stock market rebound hasn't put the bounce back in the lifestyles of older investors.
A new AARP survey found that 60 percent of those 50 and older owned stocks, and that 30 percent of them had losses in the last year year.
While losses have slowed, about one in five survey respondents said they have cut spending on everything from vacations and entertainment to prescriptions and health insurance. "
AARP Survey Includes People 50 And Over
Last year's stock market rebound hasn't put the bounce back in the lifestyles of older investors.
A new AARP survey found that 60 percent of those 50 and older owned stocks, and that 30 percent of them had losses in the last year year.
While losses have slowed, about one in five survey respondents said they have cut spending on everything from vacations and entertainment to prescriptions and health insurance. "
