As the first Baby Boomers approach retirement, the Matures
are becoming more difficult to stereotype and less tolerant of condescension.
Washington, a retired information technology director, has devoted the bulk of his fixed-income investing to laddering, a strategy that spreads money among different investment bonds that mature
at different intervals and are reinvested at the best possible rates up until a designated time horizon.
More than three quarters (79%) of Boomers and two-thirds (67%) of Matures
have non-retirement assets invested in financial products, up 22% and 12% respectively, over the past 12 months.
Instead, Baby Boomers and Matures
(age 60 to 82) are much more interested in achieving/sustaining their current lifestyle and living well in retirement than GenXers are:
These include the small buyer segment, less mature
markets such as Europe and Asia, and larger global transactions.
The three primary demographic groups - GenXers, Boomers and Matures
- have taken dramatically different approaches to managing their liquid assets in the past year, according to the Fourth Annual Across Generations Survey released today by the MainStay division of New York Life Investment Management LLC (NYLIM).
USD$155,000,000 2000-G, floating rate, matures
most prefer the tax-advantaged investing of 529s and
Previously, Elk had drawn down $2,050,000 that matures
in September, 2012, $3,000,000 that matures
in March, 2013 and $5,000,000 that matures
in March 2014.
6 million secured receivables facility through a senior lender that matures
in August 2004.
Proceeds from the offering will be used to reduce a portion of its term facility, which matures
in April 2006.
Generation X investors - the 52 million Americans born between 1967 and 1981 - are markedly similar to Baby Boomers (age 37 - 54) and Matures
(age 55 - 70) in their savings patterns and attitudes, according to a new national research study released today by New York Life Investment Management LLC (NYLIM).