Post-COVID Retirement Boom in the U.S.
A surprising second wave of post-COVID retirement boom is happening in the U.S. due to an aging population, booming stock market, and return-to-office policies.
Key Points
- Aging population contributing to retirement boom
- Booming stock market and asset values influencing retirement decisions
- Social safety net challenges for financially unprepared retirees
Pros
- Increased retirement opportunities for older workers
- Potential for job openings and career advancement for younger generations
Cons
- Potential strain on social safety nets due to retirees not being financially prepared
- Impact on workforce dynamics and labor market tightness