The globe will soon be geezer central [MarketWatch]
Will those age 65-plus have enough money to live on? And what about all those widows? What will happen to all the government pension programs around the world? What’s a good growth business to get into: geriatric-care management? Or perhaps a business retrofitting homes to make houses more livable — after all 90% of use want to age in place?
The 204-page report [issued by the US Census Bureau] provides no clear answers to those questions, but it does offer some interesting conclusions, the nub of it being this: Unless something changes, we are all — and we do mean all seven continents — up the proverbial creek without a paddle or adult diapers.
