The Pandemic Accelerated Boomer Retirements
Small Business Labs
NOVEMBER 3, 2021
Louis found that the pandemic pushed about 3 million baby boomers to retire earlier than they would have otherwise. As the study chart below shows, the share of retired Americans has surged since the start of the pandemic, and is well above the trend line. The research note points out many of the excess retirees may not stay retired.
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