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What can be expected when members of the baby boom generation begin to retire in large numbers?
Wiki User
∙ 10y ago
increased deficits
Wiki User
∙ 10y ago
When members of the baby boom generation begin to retire in large numbers, there will likely be a strain on social security and pension systems, as the ratio of retirees to working-age individuals increases. There may also be a potential labor shortage in some industries, as a significant portion of the workforce exits. Additionally, there could be shifts in consumer spending patterns, as retirees adjust their financial priorities and consumption habits.
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What is the adjective form of retire?
The adjective form of retire is :- retired, retiring.
Who shall retire or who shall retire which is correct?
"Who shall retire" is correct. When asking a question about a person, use "who." "Which" is used to refer to things or a specified group of people.
How can retire be used in a sentence?
After years of hard work, John decided to retire and spend more time with his family.
What is the noun form for the word retire?
The noun forms of the verb to retire are retiree, retirement, and the gerund, retiring.
How long is it before a person can retire from a company?
The duration before a person can retire from a company typically depends on various factors, such as the retirement age determined by the company's policies and the individual's years of service. In many cases, retirement age ranges from 60 to 65 years, and people commonly retire after completing 30 to 40 years of employment. However, these numbers can greatly vary across different companies and countries.
What can expected when members of the baby boom generation begin to retire in large number?
increased deficits
Will the Webkinz pig retire in 2008?
no. 2010 it is expected to retire... with all the webkinz. that is how long webkinz is EXPECTED to be popular til.
How many numbers did the Brooklyn Dodgers retire?
10 retired numbers 1,2,4,19,20,24,32,39,42 and 53
Why is the cost of the social security program expected to increase in the next decades?
Social Security will increase as people in the large "baby boomer" generation, born between 1945 and 1964, start to retire.
Do Serie A teams retire numbers?
yes for special players
Are term limits imposed on members of the US Supreme Court?
NO, they serve for life or until they voluntarily resign/retire.
How many numbers did the Boston Braves retire?
Despite having 34 players in the Hall of Fame no Boston Brave uniform numbers have been retired
Why do sport teams retire numbers?
I'm a baseball umpire and I understand we retire numbers to show respect for our fallen fellows and that no further greatness can be attributed to that number without the original player taking credit. No one will fill his/her shoes again. Hope that helps a little.gmg
Which members have the WIT Alumni badge?
WIT Alumni badges are issued to WIT members once they reach 19 years of age. The badges can also be issued to WIT members in good standing who decide to retire or move on from the program.
Why do retired army officers get a pension so young?
All members, officer and enlisted, of the US armed services can retire at half-pay after 20 years, so anyone who joins at 18 can retire at 38.
Can members of congress retire at full pay after one term?
No, members of Congress do not receive full pay after serving only one term. The retirement benefits for members of Congress are based on a complex formula that takes into account length of service and age at retirement. Typically, members need to serve at least five terms (10 years) to be eligible for any retirement benefits, and the amount they receive is determined by various factors.
How many Americans retire each day?
Starting in 2011, about 10,000 baby boomers turn 65 years old everyday. About 60% of them are expected to retire - that is, about 6,000 per day.
