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The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...
The oldest Baby Boomers, a large demographic cohort, had started to reach retirement age in the 2010s. [40] By the early 2020s, about one in six Americans are 65 or older. [ 55 ] In 2020, the median age of the United States is 38.8, up from 37.2 in 2010, [ 43 ] 35 in 2000, and 30 in 1980. [ 56 ]
The life expectancy in some states has fallen in recent years; for example, Maine's life expectancy in 2010 was 79.1 years, and in 2018 it was 78.7 years. The Washington Post noted in November 2018 that overall life expectancy in the United States was declining although in 2018 life expectancy had a slight increase of 0.1 and bringing it to ...
The average retirement savings for Baby Boomers is just over $200,000. Since the last Boomers won’t retire until 2031, there is still plenty of time to boost their retirement savings.
‘Before Social Security, most people’s retirement plan was death’: US economist says baby boomers are not all onboard with the ‘modern’ notion of a ‘work-free retirement.’
This article includes a list of U.S. states sorted by birth and death rate, expressed per 1,000 inhabitants, for 2021, using the most recent data available from the U.S. National Center for Health Statistics.
From baby boomers to Gen Z, these 6 stats show Americans of all ages are rethinking retirement — are your plans shifting? Moneywise October 16, 2024 at 11:10 AM
Nearly one in four Americans (22%) said they want to relocate to another state in retirement, and 10% would like to move abroad. The five most popular states for retirement are Florida, New York ...