Retired Boomers who have good retirements will continue to have good retirements because the capital markets will still be driven by corporate boards that look like much they do today; and further, the same incentives will apply. It may be perfectly acceptable in one industry for the end-user to overhaul their equipment, replacing bearings, seals, etc. I am sure cavemen already had rumor mills. Although popular memory credits the cause of the baby boom to the return of virile soldiers from battle, the real story is more nuanced. People will learn to hide their true emotions and needs from their friends, family and co-workers on the other side of the camera.
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