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 2048, an estimated USD 83.5 trillion is expected to pass from baby boomers to Generation X, millennials, and Generation Z. WLCC
• [New] Gen Z employees already outnumbered boomers in the workplace in 2024 - and will comprise 30% of the workforce by 2030. Workman
• [New] Only 29% of Boomers plan an RV trip in 2026. Watauga Group
• Even where older individuals are working longer (the 75+ workforce is set to nearly double by 2030), it will not fully offset the wave of boomers exiting prime working years. / USA Vistage Research Center
• By 2030, all baby boomers will be over the age of 65, which leads to an increased focus on preventive measures aimed at enhancing quality of life and managing age-related health issues. DataM Intelligence
• The Looming Talent Shortage By 2030, an estimated 10,000 Baby Boomers will reach retirement age daily, triggering one of the largest corporate brain drains in history. SkillsGapAnalysis
• The impending $84 trillion wealth transfer from baby boomers to younger generations presents a rare growth opportunity. Financial Advisor Transitions
• The increased risk is largely due to the aging American population - and in the coming years, Baby Boomers will reach older age. Smithsonian Magazine
• Family travel has evolved significantly, with the American Express report revealing that 58% of Millennials and Gen Z parents surveyed plan to bring their extended family on vacation in 2025, as opposed to 31% of their Gen X and Baby Boomer counterparts. Travel Documented
• Crash risk per mile starts rising after age 70 and spikes after age 80, prompting regulators to act before the demographic bulge of baby boomers hits advanced age. Dent Mavericks
• By 2030, all Baby Boomers will be 65 or older - creating the largest elderly population in American history. The Interview Guys
• The early-30s cohort, a prime homebuying group, is shrinking, while Boomers may increase supply by selling post-2030. McKissock Learning
• Baby boomers and people of colour will drive the bulk of household growth through 2035, with Hispanics accounting for nearly half of net gains and the potential for higher homeownership if affordability improves. Churchill Mortgage
• Young people will be saddled with years of debt payments for the sake of the comfort of boomers, if France fails to tackle a national debt of 114% of its annual economic output. Dictionary.com
• Since 10 years ago, Japan has been creating a long-term vision to face its peak in the number of older people that will be reached in 2025 when baby boomers will turn 75 years of age. PubMed Central (PMC)
• As demographics evolve and baby boomers' share of financial-services revenues declines to about 20% over the next decade, credit unions will need to become more digitally savvy to attract younger generations, who expect seamless, digital-first experiences. / USA McKinsey & Company
• Forecasts from Fannie Mae show that on a national level, the ageing of baby boomers from their homes will really start accelerating in 2030. Newsweek
• By this year, all the members of the most prosperous and second most numerous demographic of the US, Baby Boomers, will surpass the age of 65. RouteGenie
• Baby Boomers (1946-1964): In 2025, Baby Boomers will continue prioritizing relaxation and wellness tourism, with a focus on spa resorts, cruises, and health retreats. EHL Holding SA
• Family Travel The trend of Spending Kids' Inheritance (SKI) will continue in 2025, with 46% of travelers preferring to go on a trip of a lifetime rather than leaving an inheritance, especially among baby boomers and the silent generation. BurdaLuxury

Last updated: 19 October 2025