Global Scans · Baby Boomers · Weekly Summary

WHAT'S NEXT?: Over the next 20 years, more than 70 million baby boomers will retire, and the workplace will be dominated by experienced Millennials and Generation Z employees. Find out how Baby Boomers expectations and needs will change as this massive demographic shift takes place.

• [New] By 2030, all baby boomers will be 65 or older, pushing the senior population to 20% of the total. / USA Renting Well | Smart Property Management Software
• [New] By the end of 2025, 60% of Boomers will be eligible for Social Security, but nearly half plan to keep working and 35% are not sure they can retire. Mortgage News Daily
• [New] By 2040, all Boomers will be over 75 - the age when diagnosis rates spike dramatically. International Business Times UK
• [New] The Great Wealth Transfer refers to the transfer of $84 trillion in assets from Baby Boomer parents to their Gen X, Millennial, and Gen Z children and grandchildren by 2045. Shortform Books
• [New] Rising Baby Boomer retirements and declining labour force participation, among other factors, will result in a deficit of six million workers by 2032 across the public and private sectors. National Governors Association
• [New] By 2033, as the large baby boomer population (69 million) crosses 70, there will be a sharp rise in demand for senior housing, including assisted living and nursing facilities. RealWealth
• [New] 29% of boomers and 67% of Gen Xers plan to road trip or vacation in an RV in 2025. AARP
• [New] Just 15% of boomer homeowners plan to sell in the next five years, meaning there likely will not be a massive influx of older homes for sale as boomers downsize, another sign inventory might remain low in many areas. GOBankingRates
• [New] The ageing baby boomer population will significantly increase demand for senior housing options over the next decade. 2025
• [New] Almost half of Baby Boomers said they plan to keep working in 2025, and 35% were unsure if they will retire in 2025 due to the high cost of living. Investopedia
• [New] By 2045, as much as US$ 84 trillion will have flowed from the Silent Generation and Baby Boomers into the bank accounts of their children and grandchildren. MarketScreener
• [New] By 2030, more than 70 million baby boomers will be 65 or older, and by 2034, Americans over 65 will outnumber young people under 18 - creating an unprecedented wave of eldercare demands on a workforce already struggling with mental health, financial stress and work-life balance. / USA Morningstar, Inc.
• [New] By 2030, all baby boomers will be retirement age. Institute for Supply Management
• [New] Baby boomers are turning 65 at a rate of 10,000 people each day through 2030. InvestNext
• [New] Nationally, population growth will remain moderate at best and largely attributes that forecast to declining fertility rates combined with rising death rates as baby boomers age. The Pew Charitable Trusts
• [New] One third of millennials expect to receive an inheritance, but only 22% of Boomers expect to leave one. CFA Institute
• With more than 4 million baby boomers reaching the retirement age of 65 in 2025, the wave of experience, talent, and wisdom walking out the doors of your companies will be unprecedented. CUInsight
• Most Baby Boomers have not saved enough and will probably have to rely primarily on Social Security and Medicare as they age. The Pew Charitable Trusts

Last updated: 10 August 2025