5 ms·

Not unless demand goes down because the next generations are much poorer than the precious ones.

• deleted 4y ago
  [deleted]
• wombatpm 4y ago
  Someone has to inherit all of that boomer wealth. I told my father I wanted to earn money the old fashioned way and that I was very disappointed in him retiring at 70
  • charlie0 4y ago
    That's what I think should happen as well, but the reality might be disappointing. In the past, the stock market has gone up in huge part due to government intervention. It's entirely possible that real returns in the stock market and real estate market will flatten, but expenses will continue to rise at a faster rate. Notably in healthcare. There also the possibility we'll see changes in taxation. So yes, we'll get the boomer "wealth", but it won't be what people assume it will be. I hope I'm wrong.
  • imtringued 4y ago
    If he retires he is spending his money which generates old fashioned earning opportunities.