I was just thinking about it, the biggest wave of boomers going into retirement is coming in 5-10 years, its going to be a swarm and they are all going to be pulling the money out of their super funds/401k's etc.
What happens to the economy when that happens?

Boomers are fucking shit with money in my experience anyway. THey'll probably up their consumption on useless junk and somehow expand the economy.

And create more jobs for the next generation. Sounds like a win-win.

All that money gets pulled out of investments though.

people will work more years for slightly less payout.
plans leaving at an earlier age will payout a decent amount less.

new relief funds may be paid off by tax-payers.

or we'll just print some money and not tell anyone

I am more thinking about literal trillions being pulled out of investments over a fairly small time frame.

ya. the last one was a bit of a joke, but in short, it's going to cost us time and money.

edit: i'd have to really delve into some statistics to say for sure.
as long as we have as many entering the force as leaving, it wouldn't matter by my assumption.

This post was edited by tagged4nothing on Dec 10 2019 12:36am

That is not the case, but even if it was they would be trickling tiny amounts in while the boomers pull out massive lump sums in many cases.

This post was edited by Plaguefear on Dec 10 2019 12:49am

We will buy their stocks when they liquidate.

They as a group hold a huge portion of the worlds wealth, not sure we can afford to.

Buy what we can!