But many employers aren't yet prepared to replace them, resulting in a growing talent gap. Many employers are notprepared to replace retirees, resulting in a growing talent gap.(Photo: Shutterstock)

Baby boomers (born roughlybetween 1946-1964) are exiting the workforce in droves — as 10,000of them turn 65 every day. But many employers aren't yet preparedto replace them, resulting in a growing talent gap.

Industries like insurance areparticularly vulnerable because boomers are retiring at the sametime there's a shortage of millennials entering the industry. Thisshifting dynamic has become a hot topic — one that is shining alight on boomer retirement and its impact on businesses and theeconomy.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Personal Lines