source: https://awealthofcommonsense.com/2024/01/did-the-pandemic-save-us-from-a-retirement-crisis/
Following the Great Financial Crisis, there was a worry the coming tsunami of retiring baby boomers was going to lead to a retirement crisis of epic proportions.1
Their portfolios were down bad. Housing prices had crashed. They didn’t save enough money. People were worried about Social Security. Everyone was predicting lower returns for financial assets going forward. There are far fewer pensions these days.
Things ...