The Baby Boom generation began retiring in 2011. This should not change the income distribution of the United States.

Question

Quizplus · Accepted Answer

The retirement of the Baby Boom generation can change the income distribution of the United States because it reduces the number of working-age individuals, potentially increasing the dependency ratio and affecting the distribution of wealth and income as retirees typically have lower incomes than when they were working.

The Baby Boom Generation Began Retiring in 2011