Investor Presentaiton
Baby Boomers in Context...
Florida's Baby Boom Generation
(July 1, 2023)
boomer population cohorts
cumulative boomer population at retirement age
300,000
The first cohort of Baby Boomers
became eligible for retirement
(turned age 65) in 2011. Thirteen
of nineteen cohorts have now
entered the retirement phase.
This represents almost 65% of all
Baby Boomers.
Population aged 65 and over is
forecast to represent at least
24.4% of the total population in
2030, compared with 21.2% in
2020 and 17.3% in 2010.
Population
250,000
200,000
.150,000
100,000
50,000
0
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
Year of Birth
1957
1958
1959
1960
1961
1962
1963
1964
0
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
Cumulative Population
In 2000, Florida's prime working age population (ages 25-54) represented 41.5% of the total
population. With the aging Baby Boom generation, this population dropped to 36.8% of
Florida's total population in 2020 and is expected to represent only 35.8% by 2030.
The youngest population group, 0-17, represented 22.8% of the total population in 2000. In
2020, only 19.5% of the total population was in this age group, and its share is projected to be
about the same in 2030.
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