BETWEEN 2011 AND 2029, 77 million baby boomers will transition into retirement. The natural offset will be found in the 70 million or so “millennials” taking their place.
Workplace demographics in the United Stated have traditionally been categorized into four segments:
1. Traditionalists—born prior to 1946
2. Baby Boomers—born 1946–1964 (who will begin retiring in 2011)
3. Generation X—born 1965–1980
4. Millennials—born 1981–2000
It’s this fourth group that seems to be getting the most press coverage because it represents the future of corporate America. Being the largest generation since the baby boom, millennials represent a huge economic and social force and may already be the most-studied ...