These 2 REITs Are All In On the Boomer Retirement Trend

Millions of baby boomers were faced with a choice when the pandemic began: learn an entirely new way of working (from home) or pull the pin and retire earlier than they may have planned. Just over half of Americans age 55 or older are out of the workforce due to retirement, and over the past two years, the growth rate of new baby boomer retirees is over three time higher than it was before the pandemic . The two REITs (real estate investment trusts) we're going to talk about today, VICI Properties (NYSE: VICI) and CareTrust REIT (NYSE: CTRE), are capitalizing on the boomer retirement boom.