Investment stories about the coming exodus of baby boomers from the full-time workforce usually focus on healthcare, medical devices and aged care stocks. Less considered are stocks that will benefit as millions of boomers transition to a different lifestyle.
Baby boomers I know are a long way from needing retirement villages, hip replacements or regular visits to the doctor. They go to the gym, travel overseas and manage their self-managed superannuation fund (SMSF). Some launch consultancies or start-ups or work part-time.
The baby boomer cohort in, or near, retirement will be so large in the next decade that there will be several lucrative segments within the so-called “ageing population” for companies to target.