WARNING this is some in-the-weeds shit. But it basically outlines Deloitte's prediction that the 'boomers are going to own everyone and everything for the next twenty years at least.

I found it because Steve Blumenthal said "It is estimated that 75% of all investable assets by 2020 will be in the hands of pre-retirees and retirees. " That is no bloody way to run an economy.

And yet.

Deloitte thinks I have more money now than you kids ever will... and that the 'boomers have more money than the both of us combined.

And will until they die off.

user-inactivated:

Is there a solution to this, or is it just R.I.P. financial security post retirement for the younger generation?


posted 2153 days ago