[forensic]

People are smartest when they're old, but they're also the most risk-averse when they're old.

60 year olds today are generally uninterested in creating the future. Their main concern is with their own health I find. The more active 60 year olds also seem to love playing with real estate, buying/selling/renovating.

It's very hard to get them to invest in some future technology which will change the world.

[FrojoS]

Exactly! Another very important reason, why the US is THE innovator in the world. Its the only industrial country with lots of young people.