Not only did the Fed ruin many Baby Boomers' retirement plans in the late 2000's, but its continuous ZIRP (zero interest rate policy) over the last few years has forced many Baby Boomers who planned on retiring years ago to remain in the workforce, fighting people a fraction of their age for menial jobs (the only jobs available) when they should be enjoying their golden years. As you can see from the following chart, the inverse correlation between the 10 yr. Treasury yield and labor force participation of Americans 65 years or older is nearly perfect. Today, nearly 20% of people 65 years and older are still in the workforce. And why wouldn't they be? Almost all savings plans pay less than the rate of inflation. Retirees' nest eggs simply aren't safe from Helicopter Ben. So 1 and 5 senior citizens are working to get by. 40+ years in the workforce just isn't enough anymore. 50+ years won't be enough when my generation is ready to retire and we have to pay down the national debt incurred by the Baby Boom generation and the current entitlement state.