As Baby Boomers Age, Their Economic Impact Looms Large

Baby Boomers are aging rapidly and will soon reach "peak burden" years, weighing on the economy as they enter retirement en masse over the next 20 years.

Boomers are taking up a disproportionate share of housing, contributing to limited supply and higher prices, which hurts younger generations.

As more Boomers retire, it will worsen the labor shortage and potentially fuel inflation.

Retiring Boomers also pose a risk to the stock market, as they tend to sell off assets in a downturn.

Boomers will drain Social Security funds, with payments expected to exceed revenues starting in 2033, burdening younger taxpayers.