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Baby boomers commit the ‘7 deadly sins’ of retirement planning

The lights have been green for the baby boomers all their lives.

They were born just after World War II, between 1946 and 1964, and raised during the biggest, most sustained economic boom in human history.

They were sent to college, and grad school, by their doting parents when it was still cheap — or nearly free.

And then, when they went out to work, they were able to accumulate stocks, bonds and real estate just as prices began to skyrocket. The Dow Jones Industrial Average DJIA, +0.03% was just 1,000 in the early 1980s, when most boomers were first entering the workplace.

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