I turned 49 this past Monday. I don't feel like I am half a century old and my wife regularly tells me that she has five children to take of - our four plus me. But yet, here I am, about to be the proud owner of regular prostrate exams. Oh...the joy.
I am not technically a "baby boomer" as I am one year outside the designated range of individuals born between 1946-1964. However, the roll off of this massive slice of the population in the years ahead will have a significant and profound impact on the economy and the markets. In my opinion, there is simply not enough attention paid this issue and it is an important one. However, since demographic impacts take a very long time to mature, they are ignored by the mainstream media which are focused on the 24-hour news and market cycles.