US Economy About to Get Hit by Largest Generation in History

Posted by Chris Sheridan - Financial Sense

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Every man takes the limits of his own field of vision for the limits of the world.
—Arthur Schopenhauer

As we all know, the baby boomer generation is heading into retirement and expected to add further strain to a costly healthcare industry and underfunded public pension system. But, just as the sun sets on one generation, it rises again on another. 

As Goldman Sachs recently noted, “The Millennial generation is the largest in US history and as they reach their prime working and spending years, their impact on the economy is going to be huge.”

This pack of 92 million individuals born during the age of personal computers, which are now entering that time when they start buying homes, getting married, reproducing, and generally preparing for the future.

millennials-largest-generation-now

…continue reading and viewing some impressive charts HERE