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However, young people are spending more time in education and training and are entering the workforce at a later age. A loss in skilled and capable workers has made it harder for employers to recruit new staff. [16] As of 2023-2024, there are not enough younger people to replace the retiring Baby Boomers in the American workforce.
By the end of 2024, everyone in the boomer generation will be at least 60. Roccato says the resolution environment for many of these boomers is not great these days. “One word is ‘worry ...
The average Texan is 35.6 years old, compared to the national average of 39, according to Census Bureau data. What percent of Texas is over 65? Only 13.4% of Texas residents are 65 or older and ...
Nearly half of boomers live paycheck to paycheck, and many approaching retirement have little saved for their after-work years. Living on a... 6 Best Budget Apps for Baby Boomers for 2024
Born between 1946 and 1964, baby boomers make up just over 20% of the population and hold about 52% of the total wealth in the U.S., reports Statista. Still, as boomers transition into retirement,...
Tens of millions of Americans are expected to turn 65 by 2030. Here's how much young baby boomers have saved for retirement — how do you stack up in 2024?
A recent Scholaroo study found that baby boomers are the generation with the second-highest average amount of credit card debt — with Gen X in the lead — with an average debt of $7,464 ...
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