Four million boomers will die in the next four years by 2020. Then the pace of deaths picks up.
Meanwhile the last of the 80 million millennials come of age in 2019. And we currently have another baby boom size population under 15 years of age today.
Bill is wrong. It’s going to be economic boom times as the biggest wealth transfer from boomers to the rest occurs as they fight the evitiable and transfer any remaining wealth to their grandchildren.