Effect of retiring baby boomers to US economy
13 pages (3250 words)
, Research Paper
Some of the countries facing the challenge of the aging population include Japan, Italy, Germany, China, Mexico, India, the U.K., and the U.S. among others. Research indicates the world’s population is aging very fast such that it has been projected that the elderly people above the age of 65 years will soon outnumber children below the age of five years, which will be a history in the making2.