Baby Boomers Upend the Workforce One Last Time

In Economy, Social Security and Retirement On

 

The youngest baby boomers are around 55 years old. The oldest are in their 70s. Most Americans don’t remember a workforce without the largest generation.

And yet, as boomers enter their final years in the workforce, their retirements are taking companies by surprise.

In the next five years, almost three-quarters of the companies surveyed in 2018 by Willis Towers Watson, a risk-management and insurance brokerage company, expect to face significant or moderate challenges from late retirements. But because nothing is predictable, a significant share are also worried about early ones.

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