For the next 20 years or more - according to some experts - appraisal writing and store document updates will be lucrative customer service earners that will also help bring in estate jewelry and increase store foot traffic. Generational shifts, internet access to competitive insurance quotes and gold buys will be the driving factors in this trend.
Baby Boomers are retiring at a rate of 10,000 per day. For the age group of people born between 1946 and 1964, the oldest members are 70 years old and the youngest 52. These are prime ages for retirement and even end-of-life planning. As one age group completes such plans others will begin theirs, including Gen X’ers (1965 to 1976) and, of course, the much talked about Millennials (1977 to 1992).