[justjim]

Originally Posted by Papa_lecki

The next generation of retirees will have more wealth than the last generation. The house they sell will be worth more, wages are higher, the stock market had bigger returns, defined benefit plans (with little COLA increases) have been replaced with defined contribution plans.

As long as the Villages adapts (and the last generation seems to not like all the adaptation being made) - but they are for the next gen, not the last gen

The economics are different.

This isn’t a coal mining town, the economy of the villages is based on not producing anything’s, except an active retirement - apples and oranges.

You are spot on Boomers and the silent generation could pass on a huge amount of wealth to the Millennials generation.