The looming retirement of the Baby Boom generation could steer the economy into some pretty rough seas. This story from Five Thirty Eight Economics puts it into some perspective.
“All else equal, fewer workers means less economic growth. One way to measure this is a figure known as the “dependency ratio,†or the number of people outside of working age (under 18 or over 64) per 100 adults between age 18 and 64.2 The higher the ratio, the worse the news: If more of the population is young or old that leaves fewer working-age people to support them and contribute to the economy”
