Is the idea of audiophile listening a dying concept as boomers die off?

30 years old here. Just started getting into this in January. Already on my 3rd system thousands of dollars later lol. Just bought my fourth turntable yesterday. Rega rp8. 

When I first got into the hobby in 2001 there was always the statement speakers costing 50k, cables costing 30k e.t.c.

But what has changed is a large increase in boutique electronic manufacturers, catering purely to cashed up retiring boomers.

When I was a kid, one of the necessities was a high-end stereo. Almost all the young men I knew had nice stereos. Some had super nice ones. I was one of those. Today, I know of no one, zilch, that has a stereo of any kind. All my kids and grandkids listen on their phones. And even watch all their movies there also... Yea, it going to be a dead-end road shortly as us older folk retire earth. 

@jl35 +1

@phillyrover Great point the heart of my system is a Deja Vu Audio preamp and a pair of George Wright monoblocks. Custom and boutique builders can offer a ton of value and incredibly good sound.