Boomers

Baby boomers are starting to retire.

Source: tatoeba (6742982)

Millennials earn 20% less than baby boomers did at the same stage of life, despite being better educated, according to a 2017 analysis of Federal Reserve data.

Source: tatoeba (8110475)

A 25-year-old millennial man with a high school degree or less makes an average of $29,000 per year. That's about $2,600 less than the generation before them, the Gen Xers, people aged 38 to 53, and almost $10,000 less than baby boomers, those aged 54 to 72, earned at the same age.

Source: tatoeba (8110478)

And for many millennials, boomers [people aged 55 to 75] are finally going to transition increasingly out of the workforce, which is going to create opportunity for them to actually move up into more management-style roles.

Source: tatoeba (8462234)