“As the boomers’ ‘silver tsunami’ crests, the age once synonymous with retirement means something very different”
“Entering the era of ‘Peak 65’
In 2024, the country will see “the beginning of what we call the Peak 65 zone, when we’ll see the largest surge of Americans turning 65 in our history,” explains Cyrus Bamji, chief strategy and communications officer for the Alliance for Lifetime Income. The nonprofit financial education organization, which promotes annuities as a source of retirement income, coined and has trademarked the term Peak 65.”
See the entirety of this informative AARP article here.
