National Golf Foundation
An old friend who I used to play golf with in school sent me a newsletter item from the National Golf Foundation (NGF) that questioned whether or not baby boomers would go bust in retirement — and, as one result, not be able to afford to play golf as much as retirees usually do.
According to the NGF, about 10 percent of boomers (aged 49 to 67) play golf, about one-third of all golfers in the U.S.
Typically, the NGF notes, retirees play more and more golf the older they get, until they’re too elderly to swing a club anymore. And the fact that boomer retirees 65+ will almost double the number of current retirees — there being 76 million of us, after all — means that golf should be looking at a, well, green future for the next… Continue reading