    Wow, I almost missed it- the first official U.S. Baby Boomer filed for social security yesterday, October 15th, 2007. That’s actually pretty amazing, considering that the Baby Boom was about 18 years long. In essence it marks the official beginning of the retirement years for the Boomers. So now all you non-Boomer’s get to hear about this ad nauseum over the next year or two.  But that’s okay, the way I figure it- all the Boomers are going to make things easier for the rest of us down the road. That is if they don’t break the ‘ole U.S. bank for Social Security, Medicare and all the other stuff first!  But wait a minute… I’m one of them ‘thar Boomers! Well, I’m pretty near that last blue line anyway. Take a look at this birth chart showing the boom:
    The demographics of aging are amazing, especially considering that up to 10,000 Baby Boomers will be filing for Social Security each day for the next 18-20 years!  The impact of this older generation will be pretty widespread, especially on the U.S. health care system, service industries and the generational transfer of wealth that will take place. There’s a lot of untapped market potential out there to service the needs of these folks- and the youngest Boomers are still in their early to mid-forties. The market should do pretty well over the next several decades, because all this money has to go somewhere. It’s not going to sit in bank savings accounts and bond funds because they don’t provide the growth that most of us will need.  Somehow I think Baby Boomer investing will take on new meaning in the years ahead.
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