Baby Boomers continue to hang on and dictate terms. It is projected that over the next decade that they will control over 50% of all disposable income. Those 55 to 65 will also continue to have the highest small business formation rate.
This on top of a see-sawing demographic scale: Baby Boomers and Generation Y are presumed to be roughly equal in size. With this in mind it seems that for the immediate future the Boomers are still in charge…