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Baby Boomers eschew big spending in retirement

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Conventional wisdom says a fast sports car is the last defence against old age. And while it's easy to imagine Baby Boomers withdrawing their superannuation and riding off into the sunset in a sports car or even a Winnebago, that's far from the case.

Or at least not yet.

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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/personal-finance/baby-boomers-eschew-big-spending-in-retirement-20170410-gviabs