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For the Younger Boomers (Born Between 1954 and 1964), a Considerable

Question 141

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For the younger boomers (born between 1954 and 1964), a considerable portion of their income is spent on home mortgage expenses, home furnishings, and home renovations. The remainder of their disposable income is spent on family purchases such as pets, toys, playground equipment, and large recreational items such as boats and four-wheelers.

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