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I'd say good: no one irreplaceable and this will open up all those jobs near-or-at-the-top with a corresponding upward elevation of employees. Many more jobs will be opening up downstream as a result. Bloomberg has a different, negative take."After a year of early-morning Zoom calls, the specter of a deadly virus and soaring stock and real estate values, working American baby boomers who can afford it plan to get out while the getting's good. About 2.7 million Americans age 55 or older are contemplating retirement years earlier than they'd imagined because of the pandemic, government data show.
Read more at: https://www.bloombergquint.com/global-economics/more-americans-are-considering-retirement-because-of-covid
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Topic - Affluent are retiring in droves. Is that good or bad for the economy? - tinear 12:47:33 04/30/21 (24)
- we're on the verge of a great expansion in services... - Jim Pearce 11:59:14 05/1/21 (1)
- RE: we're on the verge of a great expansion in services... - Rod M 19:33:54 05/1/21 (0)
- Both. - peppy m. 09:01:34 05/1/21 (2)
- "Happiness Chain" sounds like a McDonald's reward program... N/T - musetap 11:30:26 05/1/21 (1)
- The affluent like Mickey D., too !!! - peppy m. 14:28:19 05/1/21 (0)
- RE: Affluent are retiring in droves. Is that good or bad for the economy? - duck decoy 18:13:33 04/30/21 (0)
- Bad in multiple ways - Dave_K 16:16:18 04/30/21 (7)
- RE: Bad in multiple ways - tinear 11:25:18 05/1/21 (4)
- That's exactly who I'm addressing (nt) - Dave_K 11:38:24 05/1/21 (3)
- RE: That's exactly who I'm addressing (nt) - emailtim 12:21:13 05/1/21 (2)
- I was just pointing out the obvious - Dave_K 13:55:05 05/1/21 (1)
- RE: I was just pointing out the obvious - emailtim 16:38:27 05/1/21 (0)
- Number '4' might surprise you... - Ivan303 08:23:52 05/1/21 (1)
- I second that... - Jim Pearce 14:55:01 05/1/21 (0)
- Good or bad, I'm ready to retire.... probably before year's end - nt - AbeCollins 14:30:27 04/30/21 (9)
- Happy what I'm doing - E-Stat 15:25:58 04/30/21 (3)
- RE: Happy what I'm doing - tweaker456 17:30:42 04/30/21 (0)
- Wait until FRA ???? - Cut-Throat 15:41:09 04/30/21 (1)
- Yes, that's what FRA refers to - E-Stat 16:03:48 04/30/21 (0)
- RE: Good or bad, I'm ready to retire.... probably before year's end - nt - tinear 14:51:40 04/30/21 (4)
- Bored in retirement? No way! - SamA 16:00:57 04/30/21 (3)
- Ditto. I was bored with work. Retirement is like a shiny city on a hill. - ghost of olddude55 18:33:12 04/30/21 (2)
- RE: Ditto. I was bored with work. Retirement is like a shiny city on a hill. - Todd A. 19:09:47 04/30/21 (1)
- I hear that. - ghost of olddude55 04:44:33 05/1/21 (0)