Next year the baby boomers begin to retire on Medicare in earnest, and the year after that on Social Security.
But now employers have started to worry about potential labor shortages once the bulk of baby boomers begin to retire.
Third, the economy is performing poorly as baby boomers begin to retire.
For financial markets, the implication appears to be that even as millions of Baby Boomers begin retiring, it's highly unlikely they will be forced to raid their savings accounts and 401(k)s en masse to buy groceries.
First some gory details about entitlement spending: As the 78 million baby boomers begin retiring over the next few years, under business-as-usual scenarios, spending on their Social Security and health care will more than double by 2050 to about 18% of the GDP.
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The greying will change American politics once ageing baby-boomers begin draining government pensions (Social Security) and health care (Medicare) and adding to the tax burden on younger Americans.
But instead of moving speedily, the Federal Reserve will soon begin a series of baby-step reductions in interest rates.
The AMA's endorsement came after lawmakers agreed to rewrite the legislation to protect doctors from prosecution if they begin to deliver a baby, but then resort to the "intact dilation and extraction" procedure to save the mother's life.
There are so many of them that, if only a second baby boom could be encouraged, they could begin to repopulate the country.
Planning ahead is the plan of choice for first-time couples and even for parents with a couple tots under their belt. 9 months of pregnancy is a shorter time than imagined to begin putting together a world for baby to enter into.
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Cumbria Police is currently investigating the death of Joshua and other baby deaths at Furness General in Barrow, and the new investigation will begin when this has concluded.
The Pentagon faces an impending crisis as aging baby-boomers, who comprise many of its most experienced civilian employees, begin to retire in droves.
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