More Millennials than Boomers

We know there are a lot of Boomers and we expect the Boomers to have a significant impact on aging issues. But, although there are a lot of Boomers, the Boomers aren’t the largest cohort of the U.S. population, In fact, the Millennials are #1. According to an article in the New York Times, Millennials Set to Outnumber Baby Boomers.  The Millennials are the cohort born between 1981-1997. according to the article, they will hit 75.3 million living members, which will make them a larger cohort than the Boomers. Here’s a question-since we are c18 years out, how does this generation continue to grow?  According to the article,  it is because of “[a]n influx of immigrants, according to a new report from the Pew Research Center. And, of course, members of the boomer generation, currently at 74.9 million, are beginning to die in greater numbers.”

The article goes on to discuss how demographers determine the years that define a cohort and what is expected regarding the actions of Millennials. Boomers, take heart.  The Millennials  may outnumber us, but we still rock on!  The Pew Research article, This Year,  Millennials Will Overtake Baby Boomers,  referenced in the NY Times piece may be accessed here.