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] Demographics in the United States will continue to challenge the workforce, as the aging population leaves a large cohort stepping away, with fewer young workers poised to fill the void created by baby boomer retirements. Plante Moran
• [New] With Baby Boomers retiring at accelerating rates and nearly 40% of RNs planning to exit the workforce within five years, hospitals risk losing critical institutional knowledge (a trend often referred to as the experience cliff). Newschannel 20
• [New] 71% of Baby Boomers agree that the Russia/Ukraine war could impact their international travel plans. Condor Ferries
• As baby boomers continue to retire over the next decade, unprecedented amounts of wealth will transfer between generations. Plante Moran
• As Gen Z and millennial leaders replace retiring Baby Boomer and Gen X executives over the next decade, workplace policies are expected to shift significantly toward hybrid and remote-friendly models, with a greater emphasis on measuring output rather than office attendance. metaintro
• Some $54 trillion will be transferred between spouses - including $40 trillion going to widowed women in the baby boomer generation - before it's transferred intergenerationally to heirs. Morgan Stanley Investment Management
• In 2026, the oldest baby boomers will turn 80 - a point at which healthcare spending increases dramatically. Pictet Asset Management
• $124 trillion will be passed down to boomers' heirs by 2048. Circana
• 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
• 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
• By 2030, all Baby Boomers will be older than 65, and one in five Americans will be of retirement age. Homecare Homebase
• 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
• 29% of Baby Boomers feel that 2026 will be better financially for them than 2025. Cision PR Newswire
• 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
• The federal healthcare program for seniors will cost $1.1 trillion in 2026 as more baby boomers reach age 65. Washington Examiner

Last updated: 08 March 2026