Type of Content: News

Subtype: Report

Resource Title: The Pace of Boomer Retirements has Accelerated in the Past Year

Publication Title: Pew Research Center

Publish Date: November 9, 2020

Millions of Baby Boomers retire each year from the U.S. labor force. But in the past year the number of retired Boomers increased more than in prior years, according to a Pew Research Center analysis of monthly labor force data. The recent increase in the share of Boomers who are retired is more pronounced among Hispanic and Asian American Boomers and those residing in the Northeast.

The Pace of Boomer Retirements has Accelerated in the Past Year