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Subject:  Re: RMDs to change to 72 Date:  5/26/2019  11:47 PM
Author:  Rayvt Number:  93719 of 97286

There was a three year waiting list at the time we applied. We are advised that they are telling new applicants it's up to 4 years now.

That's the Baby Boomer bulge. It worked its was through the elementary schools, the high schools, college, jobs, and now retirement homes.

There are more ~100 year olds now because there are a huge number of people in that cohort. What is eventually going to happen is that there will be a surplus of empty retirement homes & Continuing Care Retirement Communities as that cohort dies off and the following generations are more spread out in age. Of course, none of us will see that...because we are part of that bulge.
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