This is all predicated on the fact that these baby boomers can, will, or want to retire. I’m not one to arge or blame age groups, we are individuals for a very good reason. But the older people hoarding money will not fix the economy. They are already spending what they are comfortable with. What is even worth that much? This is a very old school and dangerous thinking, aka let’s do nothing because the problem will fix itself. Then shocked Pikachu when it does not work.