Baby Boomer retirement wave means more career opportunities for younger Americans in the job market [Video]

NEW YORK — The retirement wave is about to hit. A whopping four million Americans are expected to turn 65 every year for the next four years, and that can mean opportunity if you’re in the job market.

This wave of retirements will have ripple effects across the economy, and a big part of what’s at play here is demographics.

The Alliance for Lifetime Income found that 11,200 Americans will turn 65 every day through 2027.

That’s a record number, up from 10,000 per day over the past decade.

Some economists are calling it “Peak 65.”

Of course, not everyone who turns 65 retires right away. We know many households are working for longer as the cost of living has gone up.

But the big picture is there are more older Americans leaving the workforce than there are younger workers, like recent high school or college grads, getting in.

People who are on the job hunt might find that they …