I remember that about 12 years ago I was reading a lot of articles worry about what would happen to the economy when the Baby Boomers retired and we suddenly ha

I remember that about 12 years ago I was reading a lot of articles worry about what would happen to the economy when the Baby Boomers retired and we suddenly had to deal with: 1) The loss of their productive capacity. 2) Their increased needs for medical care. 3) The increased taxes as the Social Security Administration (possibly alongside China) is no longer a net-buyer of US treasury bonds. Perhaps the two effects will cancel each other out and the Productivity gains will allow for nurses and more informal carers to have lower enough costs of living. Perhaps automated cars/busses and grocery delivery will allow more elderly people to maintain their independence. If not and prices of goods rise due to trade barriers, I feel really sorry for the Baby Boomers living on fixed incomes.