these people have in common suzanne somers steven spielberg cher pat say jack diane keaton sylvester stallone linda ronstadt bill clinton and donald trump they're all seventy one i am not yet but every day in the usa ten thousand people turn sixty five and the next two decades another sixty five million americans will hit the big seven no we baby boomers born in one thousand nine hundred eighty six thousand nine hundred sixty four were the biggest generation in history and pillows millennialist came along their age nineteen to thirty five and they will be outnumbered by the younger so called generation z. those now eighteen and younger yet we outnumbered boomers people my age remain the most consequential generation fact boomers have the most money the olson calls them the most valuable generation for marketers because they hold seventy percent of the disposable income in the usa and they're about to get more. on july one twenty sixteen something began and it will never end that day the oldest baby boomers turn seventy and a half the age at which by law they are required to begin withdrawing from ira accounts this money