The population in the developed world is getting older, and the baby boomers are now hitting retirement and doing so with fatter wallets and a larger desire for holidays than ever before.
The baby boomer generation makes up roughly 26 percent of the U.S. population and controls the largest portion of the country's wealth. It is estimated that over the next 17 years, 10,000 boomers will retire each year, and that 52 percent of the earliest generation of 'boomers' is already fully retired. In comparison, back in 2007, only 19 percent of the earliest...
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