This is a very interesting topic.
Personally, I really don't have a view/experience beyond the German borders and media.
I can't say what the financial strength of boomers is like in the USA, Asia or Europe.
As far as I can tell in this country or in my personal environment: those who have always had good money will naturally have a lot left over in old age.
The majority of people around me just managed to make ends meet and will be able to get by in old age.
There was no financial education, and there wasn't for me either (I only slowly got the hang of it in my mid-30s) and the majority of people my age, and younger people too, have nothing left over.
The media and politicians demonize the topic, so the masses rely on pensions.
What I actually want to say is that I personally wouldn't see tourism as a winner in the next few years, especially I wouldn't rely on the boomers. They also get frail quickly and the younger ones don't have the money for it and have a different relationship with nature.
I would rather favor the medical and care sector.
Are there mobility providers for the elderly?
Personally, I really don't have a view/experience beyond the German borders and media.
I can't say what the financial strength of boomers is like in the USA, Asia or Europe.
As far as I can tell in this country or in my personal environment: those who have always had good money will naturally have a lot left over in old age.
The majority of people around me just managed to make ends meet and will be able to get by in old age.
There was no financial education, and there wasn't for me either (I only slowly got the hang of it in my mid-30s) and the majority of people my age, and younger people too, have nothing left over.
The media and politicians demonize the topic, so the masses rely on pensions.
What I actually want to say is that I personally wouldn't see tourism as a winner in the next few years, especially I wouldn't rely on the boomers. They also get frail quickly and the younger ones don't have the money for it and have a different relationship with nature.
I would rather favor the medical and care sector.
Are there mobility providers for the elderly?
•
33
•
6Lun
@Artiskon Thank you for your feedback. Things will probably be much better in the USA, where investing for retirement is the standard. The stock market is not as demonized there as it is here.
But your point is certainly valid. Tourism is always difficult, otherwise it is perhaps more suitable for cyclical investments.
I tried to research mobility providers, but unfortunately didn't find any apart from the classic car manufacturers. Therefore no mention.
But your point is certainly valid. Tourism is always difficult, otherwise it is perhaps more suitable for cyclical investments.
I tried to research mobility providers, but unfortunately didn't find any apart from the classic car manufacturers. Therefore no mention.
••