$3 trillion per year
#1
Posted 26 April 2007 - 11:54 AM
#2
Posted 26 April 2007 - 12:24 PM
If 50 million boomers need a modest $60000/year to live on from their investments/SS, then that amounts to $3 trillion/year. There are actually going to be 77 million boomers, so this assumes not everyone has these types of investments. If they all die by the age of 85, then that will only be 20 or so years of $3 trillion per year. With the dollar deflating and the Fed running the presses, I guess there will be plenty of dollars to go around for everyone.
Should work out well as long as they stay home and don't get sick.
#3
Posted 26 April 2007 - 04:45 PM
If 50 million boomers need a modest $60000/year to live on from their investments/SS, then that amounts to $3 trillion/year. There are actually going to be 77 million boomers, so this assumes not everyone has these types of investments. If they all die by the age of 85, then that will only be 20 or so years of $3 trillion per year. With the dollar deflating and the Fed running the presses, I guess there will be plenty of dollars to go around for everyone.
holy s _ _ t ! I believe that's hyperinflation