Baby Boomer Retirements Outpace Predictions

Title: Baby Boomer Retirements Outpace Predictions

Article Snip: "...Retirees are a significant fraction of the population, as U.S. population growth has slowed and Baby Boomers (those born between 1946 through 1964) are currently retiring. Finally, a significant number of people who had not planned to retire in 2020 may have retired anyway because of the dangers to their health or due to rising asset values that made retirement feasible. This essay provides a back-of-the-envelope estimate of the number of "COVID-19 retirements..."

Reference: stlouisfed.org