America is hitting "peak 65" in 2024 as record number of boomers reach retirement age. Here's what to know.

Title: America is hitting "peak 65" in 2024 as record number of boomers reach retirement age. Here's what to know.

Article Snip: "...2024 will be a record-breaking year for retirement in the U.S., with an average of 11,000 Americans a day expected to celebrate their 65th birthday from now until December. Approximately 4.1 million Americans are poised to turn 65 this year and every year through 2027, according to a report from the Alliance for Lifetime Income. Dubbed by experts as "peak 65" or the "silver tsunami," the figure represents the largest surge of retirement-age Americans in history...."

Reference: www.cbsnews.com
Silver Tsunami,Baby Boomers,2024,

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Will the Stock Market Dip Once Boomers Take Out Retirement? Here’s What Experts Say

Title: Will the Stock Market Dip Once Boomers Take Out Retirement? Here’s What Experts Say

Article Snip: "...Boomers — individuals born between 1946 and 1964 — represent 21% of the U.S. population, according to Axios. And as The Washington Post reported, from now until 2030, 10,000 baby boomers each day will hit retirement age. In turn, this has had and will continue to have many ramifications for the economy. ..."

Reference: yahoo.com
Baby Boomers

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How Much Debt do Baby Boomers Have?

Title: How Much Debt do Baby Boomers Have?

Article Snip: "...Baby boomers have an average of $25,812 of debt, not including mortgages—here’s how they compare to other generations.New Experian data finds that ..."

Reference: www.cnbc.com
Baby Boomers,Retirement Debt,Experian data,