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Re: TJ Parker post# 106611

Monday, 05/12/2003 6:43:32 AM

Monday, May 12, 2003 6:43:32 AM

Post# of 704041
>>hmm. but shouldn't we expect boomers to live longer? <<

Yes but they will be selling off excess property and downsizing all through retirement.
The gains on longivity are slowing down. Additionally the boomers living longer is a big part of the problem. Net producers of goods and services for 40 years and then net consumers for 20-25 years. Back in the 50's it was closer to 40 years of working and 5 in retirement if you got that far.

Joe


Joe

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