Explore how the Baby Boomer Age Wave Theory predicts economic shifts due to changes in baby boomer spending habits after age 50. Learn about its societal effects.
Baby boomers are the demographic cohort born between 1946 and 1964. In the post-war years, the birth rate rapidly increased [ ...
In 2022, all Boomer households combined owned $77 trillion in wealth. The top 10% of Boomer households held 71% of that total ...