Will Baby Boomers Drown in Debt?
The focus of the report is on baby boomers, those aged 50-62, whose looming collective retirement launched discussions of modifying Social Security. Will these pre-retirees, in a few years time, trigger financial collapse when they no longer can meet their debt obligations? Probably not, according to the report, but there are trends that warrant consideration by the tech-based economic development community.
Link
http://www.bc.edu/centers/crr/facts/jtf_15.pdf