
The share of Americans aged 65 and older has nearly doubled to 18% over five decades, with over 4.1 million Baby Boomers turning 65 each year through 2027. This largest retirement wave in U.S. history, called the Silver Tsunami, now faces disruption from Covid-19, recession, AI, and mass layoffs that eroded retirement plans.
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Summary by ByteBrief
Retirement Plan Must Factor High Inflation Risks