"Baby boomers won't live happily ever after. Those soon retiring may not be able to afford the sea change they've always dreamt of..."
This is a recurring theme of those watching the generational glacier creeping across world economies.
Here's just a sample of what's to come:
Increasing demand for healthcare and a shrinking healthcare workforce
Reduced demand for housing, and the deflation of current values.
Retiring Boomers leaving a huge void in the workforce.
As Gregory Hywood writes "...all these issues are complex. Take just one - the changing demand patterns for housing. For retiring baby boomers that means a decision: sea change or not?
This is an article from the http://www.theage.com, an Austrailian publication, but the issues can be easily translated across the Pacific.
Read the entire article here: www.theage.com
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