Baby boomers are aged between 66 and 80, so most of them have already retired. We are not entering the era, we are in it.
On other social media platforms, the boomers are aged 28 to 107. And I'm not exaggerating, you can check for yourself. The muddying of definitions is the root of all evil.
And though some are quite wealthy, the average Boomer net worth of about $1.6MM is concentrated in the wealthy top few, like any other demographic. The median Boomer has a net worth of $300-$400K, the largest fraction of which is probably their house (so not income-producing), and that isn't really a lot to live off of in 2026.