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Ask HN: How much are baby boomers retiring having an effect on the economy
- sharemywin 3y agoA friend of mine retired recently at 59 and seems like that's a lot of investment money out of the system(stocks). If he's the norm. He's using CDs to get enough interest to stay afloat.
- bediger4000 3y ago59 in 2023 means born in 1964. That's very late baby boom, early Gen X. The peak baby boom was born in 1960/61, those folks are at least 62. Most baby boomers are already retired, so I'm guessing not much effect, or maybe the effect is the labor shortage typically blamed on COVID.
- pestatije 3y agolook at Japan, theyre 20 years ahead of us