Sentences with phrase «boomer age cohort»

Not exact matches

The cohort of Americans over age 65 is expanding much faster than the workforce; from 2017 to 2030, 20 million more baby boomers will reach retirement age, while only 14 million Americans will begin employment.

«Gen Y's are aging into the important «pre-family» cohort of riders and Boomers are increasingly handing over their keys to the smaller Gen X population.»

Indeed, this younger cohort will be in demand to fill the shoes of baby boomers and even older workers aging out of the workforce.

In 2024, the baby - boom cohort will be ages 60 to 78, and a large number will already have exited the labor force.

Experts agree that the large pool of baby boomers deferring retirement beyond the traditional age of 65 represent a formidable cohort for governments and employers to contend with.

But the report revealed something even more surprising: Younger baby boomers, in the 50 - 59 years cohort, were actually more likely to own their homes outright than people the same age were in 2000.

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Coming of age at the turn of the new millennium and the largest cohort since the Baby Boomers, this demographic is characterized as incredibly sophisticated (* ahem), tech - savvy and immune to most traditional marketing and sales tactics.

With the aging of the baby - boom generation, defined as persons born between 1946 and 1964, the older age cohorts are expected to make up a much larger share of the labor force.

Two, we'll continue to see strong demand for properties thanks to a confluence of once - in - a-lifetime demographic trends: baby boomers in their peak earning years; their children, the echo boomers — also a huge age cohort — starting to form their own households; retired people living longer and healthier lives; and immigrant households — a record number over the last 30 years — now ready for homeownership.

NAR found that single female baby boomers buy twice as many homes as single men do and account for one out of every five houses sold in their own age cohort.

«The first baby boomers haven't reached 70 yet, but over the next 15 years more and more people are going to be in that age cohort,» said Noah Levy, head of Prudential Real Estate Investors» senior housing business.

The echo boomer generation, whose oldest members became college - aged in 2000 - 2001, boasts a cohort of 77 million strong.