Not like every boomer between the ages of 59.5-71 are taking out the entirety of their retirement accounts

Will be gradual and during that process there will be buying too.

With that said this bull run is overdue for a correction

Someone in my family worked for such "house", which was a castle, for "rich" people in the Chantilly area.
The main owner was taking two times the monthly rent when they were forgetting. The words were :"Just take the old fucks' money"...


The game is to catch one with decent retirement AND who doesn't have much family to help/monitoring. Jackpot for several years.

Gonna be lots of good jobs available lol

We will simply toss them into the shittiest nursing homes and take their property for ourselves.

We're gonna be SOL. Lots of jobs available that no modern people want, but we need.

Plumbers, truck drivers, likely farmers, basically more of the blue collar jobs.

This post was edited by GLYC123 on Dec 10 2019 12:30pm

ones with 20 years left wont ever make retirement, they'll be automated out of the workforce and try to find menial work but end up drawing on retirement too early to supplement their earnings, only to become a burden on their children later in life when they cant life by themselves on social security alone.

imagine the memes 30 years from now calling out the boomers for all of there "my kids wont move out and theyre 30" nonsense, only to become the burden themselves.

Jerbs that I want will want open for me.

Also why would they liquidate when they will be reliant on income? If anything I suspect high dividend stocks and fixed income to have more money flowing in while growth stocks to suffer.

This post was edited by ofthevoid on Dec 10 2019 12:58pm

They money will not be gone, it will be spent and go around in the economy. And the pulling out will take place gradually over the span of several decades. The economy will have enough time to adjust.

Furthermore, I fully expect lots of boomers to continue working gigs and odd jobs after retiring.

Also keep in mind that huge sums will be handed on to the next generation through inheritance. Inequality will explode between unprecedented numbers of young-ish "inheritance millionaires" on the one side and young-ish people struggling to provide for their broke, geriatric parents on the other. This "heir class" wil be looking for new investments for all their inherited money.

This post was edited by Black XistenZ on Dec 10 2019 06:41pm

You assume they will take the money over time rather than grab lump sum payouts.

If they have to pull out all their money from their 401k's and similar funds, they still wont consume all of it at once, so that the majority of the sum will be reinvested immediately in that case.
This might cause logistic issues for these pension funds, but not for the economy as a whole.