The so-called silver tsunami of retirees is beginning to crest this year, as a record-high 4.1 million Americans turn 65 in 2024. While many are part of an exodus from the workforce, not all of them will retire: Some cannot afford to stop working, and there is also a growing cohort of college-educated baby boomers who want to keep their jobs despite having the financial means to retire.
Still, as baby boomers reach what experts are calling the “peak 65 zone,” the number of people retiring is expected to jump from around 10,000 per day over the past