Baby boomers are approaching 'peak burden' on the economy

Tech Insider : Economy, Economy
baby boomer

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  • The baby-boomer "time bomb" is finally upon us, economists say.
  • All boomers will be at least 65 soon, the generation's point of "peak burden" on the economy.
  • Future generations can take solace in the fact that no boomer-size generations are in the making.

A time bomb has been ticking in the US.

Baby boomers have been America's secret weapon for fending off recession

Tech Insider : Economy
A Baby Boomers hand holding up a stock line

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Gen Z to older workers: We're just like you

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Gen Z
Gen Z workers want many of the same things as their older counterparts.

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My baby boomer parents gave me great financial advice. They taught me to budget and helped me open a checking account at 13.

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Sandrine Jacquot and her parents standing in a room with two yellow chairs and a blue carpet.
Sandrine Jacquot learned about finances from her parents.

Courtesy Sandrine Jacquot

A New Jersey homebuilder who pays his workers over $100,000 wants young people to know construction can be a lucrative career that doesn't require college — and businesses are desperate to hire

Tech Insider : Economy
A roofer is seen working on a condominium in Canterbury Crossing on a hot day in Latham, N.Y.
A roofer is seen working on a condominium in Canterbury Crossing on a hot day Tuesday, Aug. 11, 2020 in Latham, N.Y.

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Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years

Tech Insider : Economy, Economy
Budget of millennials compares to baby boomers when they were young adults.

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As a college professor, I'm seeing more Gen X and Baby Boomer students than ever before. They're changing the way I teach.

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a teacher helping an older person on the computer
The author, not pictured, has seen more older students in her classes.

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Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

Tech Insider : Economy, Economy
Gen Z
Gen Z is doing better than past generations on some measures.

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The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money

Tech Insider : Economy, Economy
A senior looking through a pair of binoculars with coins at the end

Tyler Le/BI

Gen Zers are in their 'boycott era', even when it comes to which jobs they apply for

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A young man walking next to an office building, wearing a suit.

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