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curious, what do economists predict will happen as baby boomers retire and start spending their pensions/retirements?

Posted by colin (aka colinski) Dec 4 '17, 10:39

we're not having kids, but we're saving heavily because we just don't have expenses or want to spend. i imagine at some point i'm going to just spend or donate it all... wonder if that's how the "trickle down" money gets back into the economy - during retirement.

Responses:

[deleted]
[deleted] 2
- what are they going to do? hire a 2nd maid for the bigger house? a 2nd cabana boy? -- nm - zeitgeist Dec 4, 10:43 1
  - start a business would be the best way... dump some money into product, people.. but most people don't. -- nm - colin Dec 4, 10:45
[deleted] 2
- huh. heavy reliance on social security? -- nm - colin Dec 4, 10:44 1
  - [deleted]
Nothing says they have to spend all of it. And especially given the very possible repeal of the estate tax, we will get even less of it back - znufrii Dec 4, 10:41 5
- nothing says they have to, but that generation seems like the kind that will spend it all. - colin Dec 4, 10:43 4
  - Are we talking about the generation as a whole, or the subset that particularly stands to gain the most from the tax cut? -- nm - znufrii Dec 4, 10:45 3
    - the generation as a whole, i suppose, less about the ones that will benefit from the tax cuts. -- nm - colin Dec 4, 10:46 2
      - [deleted] 1
        
        ok, understood. i know nothing on the topic, so that's helpful. -- nm - colin Dec 4, 10:50

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curious, what do economists predict will happen as baby boomers retire and start spending their pensions/retirements?

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