Even with record low interest rates, juiced stonk prices and real estate, #boomers are in for a rude awakening as they retire and are forced to scale down, they'll transition to what their financial advisor tells them so let's assume they go with the 8% rule, if we take the median nest egg of $268,745, that's only going to generate an income of $1800 per month

They'll likely need to sell their homes for additional runway and with inflation compounding each year, it won't give them too much breathing room. If they make it past the first decade, moving into the late 70s early 80s many will be out of savings

Maybe they can try making coffee at home and move to a 3rd world country or maybe they'll ask the government to bail them out!

https://www.cbsnews.com/news/retirement-baby-boomers-peak-65-financial-crisis/