> The US population will get smaller as the baby boomer generation is larger than its successive generations. That’s almost the definition of negative market gr

> The US population will get smaller as the baby boomer generation is larger than its successive generations. That’s almost the definition of negative market growth and in some cases (health care) it is. And all that money the boomers have accumulated, at least what they don't blow before dying, is going to be inherited. And the heirs are going to invest it, and the government is going to force them to spend it (or at least have it taxed) within 10 years of inheriting it. No idea what effect this will have, but as usual, there are a lot of moving parts so it's hard to say how things will turn out.