[Topspinmo]

Originally Posted by CoachKandSportsguy

Here is both the discussion article and the graph, which calculates the percentage of retired percentage of the US population over the last 10 years. . .

there has been a huge baby boomer retirement party starting in 2011 time frame, partly due to the GFC, and partly due to age. 2011 - 65 = 1946, what ended around that time / or began at that time?

so back of the envelop, 4% increase in retirees on 300M citizens = an additional 12M retirees, with retirement accounts which has never happened in the history of the USA, since retirement accounts were created with ERISA in the 1970s.

Now look at the huge jump starting last year, due to layoffs and burnout and wanting to enjoy the golden years. . . Given that if you collect social security and you earn more than like $20K over, there is a very high tax rate on the greater than $20K additional earnings, (up to 50%) so either work or retire, but doesn't pay really well to do both with alot of both.

What Has Driven the Recent Increase in Retirements?



- Federal Reserve Bank of Kansas City

see the attached graph . . .

that's data proof that there is a large opportunity for the developers, and for the area to need many more golf courses than are currently available

data guy

All based on dollar as gold standard and paper money.