Some did. Peak births per year happened in 1957, and during the boom, total births were skewed toward the latter end of the 1947 to 1965 period. In 2017 the m

Some did. Peak births per year happened in 1957, and during the boom, total births were skewed toward the latter end of the 1947 to 1965 period. In 2017 the median retirement age in the USA seems to have been 62, I can only imagine that number will have increased over 2018 and will continue to increase as the markets stagnated. That would put us just now approaching peak retirement rates. Add to that the fact that investment advisors still seem to want to wait most people toward equities for their first few years of retirement (at 60, your investment horizon is still 20 years out these days...) switching fully to more fixed income and few years in, I think that all is a recipe for the rotation just beginning.