Charles Adler @charlesadler (external - login to view)
Remember the Paranoia about Retiring Boomers swamping the Health Care System. NOT in #Alberta (external - login to view) where 60 is the new 40
It’s been a nice surprise.
For the economy, business, government, the stock market, for the country itself.
The worry about a tsunami of penniless retirees descending upon the social assistance safety net and the health system is quickly diminishing.
Of course some baby-boomers continue to work out of necessity – i.e. they need more money.
But so many of the post-60 crowd are healthy, mobile, have positive attitudes, sufficient pensions/savings … and choose not to retire!
At least not entirely.
To the relief of Alberta companies needing all the skilled personnel they can find, large numbers of retired 60-to-70 year olds have no problem going back to work.
Hicks on Biz: Economic fears over baby-boomers haven't come to fruition | Hicks (external - login to view)