Youngest Baby Boomers’ Pay in the US Peaked When They Hit 45

By the time young US baby boomers reached age 45, their earnings stopped growing — and even declined for some in the years that followed, according to new government data.

Those born from 1957 to 1964 — the youngest contingent of baby boomers — saw hourly earnings surge until age 24 and slow through age 44 before flatlining after that. For people without a college degree, earnings even fell in later years, according to a Bureau of Labor Statistics report published Tuesday.

Overall, baby boomers are generally defined as those born from 1946 to 1964, and make up the ...