# Welcome to ‘peak boomer’ era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat

- Link: https://www.widthness.com/welcome-to-peak-boomer-era-a-wave-of-retirees-is-about-to-blow-through-their-savings-and-cling-to-social-security-to-stay-afloat/
- Published: 2024-04-21T09:15:27-05:00
- Author: Curated by Theresa Wysocki

Photo credit: Mike Blake / Reuters. Article by Juliana Kaplan and Ayelet Sheffey. Business Insider – April 19, 2024. Over 30 million “peak boomers” are entering retirement financially unprepared. The economy could take a hit, with industries like manufacturing and education needing to replace boomer workers. Those new retirees will likely be disproportionately leaning on Social Security to stay afloat. […] Click here to view original web page at www.businessinsider.com