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] An average of 10,000 boomers a day are turning 65 from 2011 through 2029. CBS News
• [New] By 2030, nearly all Baby Boomers will be 65 or older, and the demographic aged 75 and older is projected to grow substantially. / USA Strategy Healthcare
• For years, demographic futurists have predicted an unprecedented generational wealth transfer - estimated at upwards of $18 trillion - as ageing Baby Boomers pass their assets to heirs and charitable causes. Foundation Source
• The youngest baby boomers will turn 65 in 2029 (70 in 2034), so the current wave of retirements has further room to run. RBC Economics
• Roughly 73 million baby boomers will be 65 or older, making up more than a fifth of the U.S. population. SeniorSite
• As American baby boomers and others pass on accumulated assets to their heirs, US$ 124 trillion in private wealth is expected to shift hands through 2048, with an estimated US$ 18 trillion going to philanthropic causes. Project Drawdown
• 2026 will be focused on nostalgia - compared to 44% of Gen Xers and just 37% of baby boomers. The Avery Journal-Times
• Baby Boomers hold approximately 40% of U.S. residential real estate, representing $18 to $20 trillion in housing wealth, that will gradually change hands over the next 15 to 20 years. Las Vegas Sun
• Currently, one in four U.S. workers is a baby boomer, meaning as many as 25% of the workforce could retire in the next eight years. SeniorSite
• By 2030, the last baby boomers will turn 65, triggering a wave of retirements from the largest cohort in the workforce. Fortune
• By 2030, every single Baby Boomer will be over 65. NSS USA
• The baby boomer owners of about six million American small and medium-sized companies will retire between now and 2035. BBC News
• Roughly half of Gen Z consumers and 43% of millennials plan to take a trip over Memorial Day weekend, compared to 29% of Gen X individuals and 21% of baby boomers, the PwC poll found. Yahoo Travel
• The Great Wealth Transfer is the projected shift of $84 trillion in assets from baby boomers to younger generations by 2045. SeniorSite
• By the year 2030, as America's baby boomers enter their seventies and eighties, health spending will top $16 trillion, or 32% of GDP. PubMed Central (PMC)
• The oldest Baby Boomers will turn 80 in 2026, with the U.S. octogenarian population on track to more than double by 2040. Brookfield

Last updated: 09 August 2026