As the Magnificent 7 tech stocks and home prices grind higher, there has been a massive surge in the number of Americans taking early retirement. Bloomberg has coined this phenomenon the “Great Retirement Boom.”
A model designed by economist Miguel Faria-e-Castro at the Federal Reserve Bank of St. Louis shows the US has around 2.7 million more retirees than initially forecasted.
Notice that the number of retirees in the US has surged beyond expectations.
Continue reading “Fed Bubble Ignites “Great Retirement” Wave As Baby Boomers Party Like It’s 1999″
