For financial markets, the implication appears to be that even as millions of Baby Boomers begin retiring, it's highly unlikely they will be forced to raid their savings accounts and 401(k)s en masse to buy groceries.
An additional facet of the disclosure complex, especially as it relates to the scienter standard of recklessness, is the implication for the financial institutions and their professional advisors of a duty to conduct a reasonable due diligence to make certain that what they have said about SCF is the whole of the material truth.