The next crisis: Sponging boomers | The Economist
The next crisis: Sponging boomers | The Economist: The math is ugly. This is a great article that summarized some really big key issues that arise from the generational move of the Boomers into retirement. BoomAge could be the syndrome. Those age 65 or older are expected to consume about $333B more in benefits/services than they paid in taxes. No worries, let’s let our kids and grandkids take care of that bill. And the bad…