How Our Aging Population Affects Long-Term Investing
March 9, 2023
Mike Minter
The U.S. population, like those of many developed countries, is aging. According to the latest Census figures, a major shift occurred over the past two decades in which the share of the population under 50 declined, especially among those who are considered to be of prime working age.
Even the youngest baby boomers are nearing retirement age while the oldest are almost 80. And while millennials have come of age and now outnumber boomers, this isn’t enough to prevent the average age in the U.S. from shifting from 35.4 in 2000 to 38.8 today. What could these trends mean for the economy and markets in the years to come?
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