What the Baby Boomers turned Retirement Boomers mean for Growth, Jobs, Inflation and the Markets
August 23rd, 2014 Franz Lischka
More than a year ago I wrote two posts about how the retirement wave of the Baby Boomer generation would result in much lower growth, but full employment (see US Economy: Below Stall Speed or Already Above Potential? and Forget the Jobless Recovery, Get Ready for the Full-Employed Recession). Though more and more economists now recognize that it is to a large extend this retirement wave that has led to a huge exit out of the labor force, measured by the falling labor force participation rate, few fully anticipate the wide spread implications….
Source: http://www.advisorperspectives.com/dshort/guest/Franz-Lischka-140823-Impact-of-Boomer-Retirement.php
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