Which of the following is an implication of the retirement of baby boomers?
A) The current workforce will adequately compensate the manpower shortage left behind by baby boomers.
B) The baby boomers' knowledge and expertise will be transferred to the current workforce because it is formalized.
C) Baby boomers will live longer, resulting in higher health-care costs for the current workforce.
D) Baby boomers will survive in sufficient comfort owing to the abundant savings they collected over decades.
E) The current workforce will pay less toward the Social Security needs than those of the baby boomer generation.
Correct Answer:
Verified
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