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> motters on Jan 1, 2010 [-] > Also, this decade sees the beginning of the "pension bomb" - the demographic bulge of post-war baby boomers crossing the thresho
by wtvanhest 7y ago
> motters on Jan 1, 2010 [-]
> Also, this decade sees the beginning of the "pension bomb" - the demographic bulge of post-war baby boomers crossing the threshold into retirement. It's fairly easy to predict that there will be pensions scandals, with some pensions companies going bust or paying out far less to recipients than had been originally advertised. Also I predict the beginning of large supermarket scale retirement homes/complexes/compounds, where economies of scale can reduce costs of elder care.
Both predictions were 100% correct. Many pensions were cut dramatically or eliminated. AMR is one that comes to mind immediately, but the pension benefit corp could only do so much for many others. Also, this problem now seems like an imminent problem for many companies and public entities. This is only going to get worse.
The Villages in Ocala, FL fit the second point, and I'm confident other places exist like it.
- chrisco255 7y agoYeah basically the entire state of Florida. The Villages is pretty exceptional though.