MULTIZ321
TUG Member
- Joined
- Jun 6, 2005
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BLUEWATER BY SPINNAKER HHI
ROYAL HOLIDAY CLUB RHC (POINTS)
Baby Boomers Are Retiring - And It's Going to Have a Huge Impact on the Economy
By Stephen McBride/ Mauldin Economics/ Markets/ Business Insider/ businessinsider.com
"Few investors understand the magnitude of the looming demographic crisis and its ramifications.
The first Baby Boomers turned 70 last year. At the same time, the US fertility rate is at its lowest point since records began in 1909.
This disastrous combination means by 2030, those aged 65 and older will make up over 20% of the population.
In the meantime, the percentage of working-age cohorts are in decline. Combined together, these trends create a perfect demographic storm for the US economy.
Here’s why..."
Richard
By Stephen McBride/ Mauldin Economics/ Markets/ Business Insider/ businessinsider.com
"Few investors understand the magnitude of the looming demographic crisis and its ramifications.
The first Baby Boomers turned 70 last year. At the same time, the US fertility rate is at its lowest point since records began in 1909.
This disastrous combination means by 2030, those aged 65 and older will make up over 20% of the population.
In the meantime, the percentage of working-age cohorts are in decline. Combined together, these trends create a perfect demographic storm for the US economy.
Here’s why..."
Richard