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] $124 trillion will be passed down to boomers' heirs by 2048. Circana
• [New] Heirs are currently inheriting $2.5 trillion annually from baby boomers and that amount is expected to increase in the next 5 to 10 years. Morgan Stanley Investment Management
• [New] The baby boomer generation had a record-breaking 11,000 people per day reach retirement age in 2024 - a trend that is expected to continue through 2027. STI/SPFA
• [New] By 2030, all Baby Boomers will be older than 65, and one in five Americans will be of retirement age. Homecare Homebase
• [New] Aon research finds that across all generations, workers are confident their employers will invest in their skills development for the future of work: 86% of Millennials agree, 83% of Baby Boomers and 78% of Gen X. Aon
• [New] 29% of Baby Boomers feel that 2026 will be better financially for them than 2025. Cision PR Newswire
• [New] A combination of de-accumulation from retired boomers alongside protectionism will start adversely impacting passive flows, which have principally been directed to US large cap. Monevator
• [New] The federal healthcare program for seniors will cost $1.1 trillion in 2026 as more baby boomers reach age 65. Washington Examiner
• [New] By 2029, the generation dubbed Baby Boomers will all have crossed the Rubicon of 65 and be eligible for superannuation, courtesy of taxpayers. The New Zealand Herald
• [New] Some baby boomers are now in their 80s and will develop serious diseases like dementia that will dramatically increase Medicare expenditures. Morningstar, Inc.
• [New] About 10,000 Baby Boomers are turning 65 or older every day - and by 2030, all of them will have crossed that age threshold. / USA Streetsblog USA
• [New] Seniors account for a disproportionately large share of healthcare spending, and enrolment in Medicare Advantage plans is expected to continue climbing as baby boomers age, providing UNH with a long-term, structurally growing revenue base. TIKR.com
• Jewelry may flatten as all Boomers are 65+ by 2030, while wealth transfer and hedging support gold; silver follows the pace of solar and power electronics deployments. North American Mining Magazine - Bringing the North Ame
• Natural growth will drop to zero sometime around 2030, as the large baby boomer cohort reaches natural life expectancy. New York Post
• By 2030, every Baby Boomer will be at least 66 years old, and apart from a sudden leap in life expectancy, there is little reason to expect a meaningful rebound in older-worker participation rates. American Enterprise Institute - AEI
• RBC calculates that population ageing has already reduced the labour force participation rate by more than four percentage points since 2008, and warns that baby boomers will continue to hit retirement age in greater numbers over the remainder of the decade. HRD Canada
• Report 2025, by 2026, projections indicate that in the US alone, over 4 million Boomers will exit the workforce annually, exacerbating a talent shortage already evident in healthcare. Nerdii
• By 2030, all baby boomers will be 65 or older, meaning roughly 1 in 5 Americans will be senior. The Seniors Center
• By 2030, Medicare and Social Security costs in the U.S. will balloon as baby boomers all hit senior status. The Seniors Center
• An estimated $80 trillion in assets will pass from baby boomers and the Silent Generation to Gen X and Millennials by 2045. Audience Town
• Baby boomers might be leaving their healthy paychecks behind as they retire in greater numbers, but they depart the workforce as the wealthiest generation in history, with a net worth of $85.4 trillion. Fortune

Last updated: 22 February 2026