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Two REITs Set to Make Big Profits Off Retirement Boom Ahead
By John Whitefoot for Daily Gains Letter | Jun 3, 2013
Making money in the stock market is about taking advantage of opportunities. While most opportunities are short-lived, others have a much longer horizon. The American baby boomer generation is entering retirement at an unprecedented rate. This opens up opportunities for the next 20 years for investors looking to profit on sectors that will benefit from aging baby boomers.
The births of the American baby boomers started in 1946 and ended in 1964, during which time 77 million people were born. On January 1, 2011, the first of the baby boomers began celebrating their 65th birthdays; over the next 16 years, roughly 10,000 Americans will turn 65 every single day.
That represents an enormous demographic. How large? For the first time ever, the senior age group now makes up the largest part of the U.S. in terms of size and percentage, accounting for approximately 35% of the population. By 2030, the number of Americans aged 65 and up will double to about 71.5 million, and by 2050, that number will grow by more than 20% to 86.7 million. Baby boomers also have deep pockets, accounting for 40% of total consumer demand. (Source: “Resources 50+ Fact & Fiction,” Immersion Active, last accessed May 31, 2013.)
Even with all that money and time on their hands, North American baby boomers will still need somewhere to live—and somewhere to visit their healthcare providers.
A real estate investment trust (REIT) is a company that owns and operates income-producing real estate. A REIT is a great way for individual investors to take advantage of the developing real estate trends without having to actually own real estate…. Read More