[groanup]

I have a friend who is a major consultant to the mutual fund industry. His vision of the future is for baby-boomers to live their retirement doing part time work. Companies will tap into the relatively cheap and reliable pool of labor that will be actively seeking work with a lesser schedule. Very little shuffle-boarding at Del Boca Vista.

Another note, most boomers have untapped riches in their home values. What happens to those values when millions of boomers decide to down-size and use the equity for retirement? Seems like there will be a fatal imbalance in the housing sector at some point.

[OregonRancher]

"What happens to those values when millions of boomers decide to down-size and use the equity for retirement?"

Housing prices will decline. People always say that their going to retire on less income but it doesn't work that way. They want to live the same way on the same amount of money as when they were working. I retired 10 years ago and manage to live adequately on a good six figure income from investments, annuities, munies, and commercial property. You have to plan long term to do it.