We know that baby boomers have started to enter their "golden" retirement years. We also know that the impact of the economy on 401(k)s and other investment vehicles have forced many to put off the thought of retiring.
Now the early signs of a possible economic recovery include the climbing stocks. They are far from the heights they had fallen, but if we are in an actual recovery they should continue to climb. As a bit more time passes and if boomers get their confidence back, a continuing mass retirement of boomers could substantially open up the job market at a time when employers start looking to rebuild their workforce. This could lead to a reversal of the scarcity of jobs rather quickly. A note of caution with this optimism though - boomers have been scared and it may take awhile for the confidence to return, and the continued growth of global outsourcing could also have an impact.
We truly live in interesting times with its own type of uncertainty about things. But there is always hope, and a positive attitude will always prevail in dark times.
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