The oldest members of the
giant baby boom generation will start hitting 65 in the next decade and life expectancy continues to rise, producing more demand over the coming decades.
This tremendous growth among older households is driven by powerful demographic forces, including the massive
baby boomer generation now moving into their retirement years and increasing longevity leading to longer retirements.
The aging
baby boomer generation doesn't want to mow the lawn anymore or keep up with home improvement projects, says Kimberly O'Neil Mara, sales agent at Century 21 Spindler & O'Neil Associates in North Reading, Massachusetts.
But now, with the aging
baby boom generation threatening to strain the country's single - payer system to the breaking point, provinces are exploring new avenues of public - private partnership.
Hearing loss caused by loud noise encountered in an occupational or recreational setting is an expensive and growing health problem, as young people use ear buds to listen to loud music and especially as the aging
Baby Boomer generation enters retirement.
The demographics of the legal profession in Canada mirror that of the wider population with the proportionately large
baby boom generation nearing retirement age.
I'm not talking about just my aging process, but that of the whole
massive Baby Boom Generation - the millions and millions of us who were born in the postwar era and went on to set a standard for whiny self - absorption that probably will never be equaled.
He agrees with Ragsdale in that the
enormous Baby Boom generation influx of seniors expected in the next 15 years will likely crush the current health care and seniors housing system, unless technology is used to temper an explosion of need.
In other words, demographics alone have shaved two percentage points off participation, as the large
baby boomer generation started to reach retirement age around the start of the recession.»
Economists focus on that age group because it filters out the impact of retirements by the
huge baby boomer generation and excludes younger workers who are more likely to be in school.
This means that every single person on this planet, from a newborn to the
pre baby boomer generation, from the most advanced countries to the worst places on earth, from the top 1 % earners to homeless people have spent more than $ 3 on Apple products (and services) last year.
Many in the
U.S. baby boom generation grew up wanting and expecting what their parents had — a country where white, male fathers could work in factories their entire lives and provide for their families, Prof. Sands explains.
I don't know much about anything, but I do know that there's this pretty
big baby boomer generation that has finally started hitting retirement.
As reported in a recent Bloomberg article, «the large
Baby Boom generation puts a big strain on the budgets of Social Security, Medicare and other retirement programs.
A study of California public schools shows the future labor demand for school administrators varies drastically by county and could be exacerbated in rapidly growing areas where many
baby boom generation administrators are nearing retirement.
Now I'm of the
dinosaur Baby Boomer generation, but I've had the chance to see the future in the work of therapists like my daughter, Elizabeth, who are in tune with the new culture and learning from Internet marketing gurus, the most influential cultural leaders of our time.
A leading force behind RV ownership's upswing is the
enormous baby boomer generation, supported by strong ownership gains among both younger and older buyers.
My first exposure came in the 1950s at my family's kitchen table, where my mother, a middle school English teacher, talked about strategies for encouraging children to write, and my father, a high school principal, talked about new ways to recruit good teachers at a time when the children from the
large baby boom generation were enrolling in the nation's schools.
Besides personal income, women of
the baby boomer generation are expected to inherit wealth from two other sources: their parents and spouses.
While Gen X may be equally capable at digital tasks as millennials, they also show a mastery of conventional leadership skills more on par with leaders of
the baby boomer generation.
«A&W and
the Baby Boomer generation were born together and grew up together,» notes Senecal.
As
the baby boomer generation is hitting their elder years, they are going to need more care and companionship.
As
the Baby Boomer generation begins to hit retirement age, millions will be searching for places to retire.
The demographic reality is this:
The Baby Boom generation is headed into its sunset years, when health problems come to the fore.
Today's business world is flattening out, with a focus on meritocracy, and a distaste for the Industrial Era top - down hierarchy that defined the workplace for
the Baby Boomer generation.
Poloz noted
the baby boom generation — in Canada and around the developed world — is entering retirement age.
Looking at that gulf in
the Baby Boomer generation can illuminate the impact of an economy that increasingly isolates riskier borrowers, marginalizes their needs, and inadvertently makes it more difficult for them to make modest financial progress.
Overall, a majority (51 %) of respondents aged 18 - 34 said they thought that «the policies and actions undertaken by
the Baby Boomer generation» had made things worse for America.
The baby boomer generation is gradually retiring while, within the next decade, millennials will make up 50 percent of the workforce.
For instance,
the Baby Boomer generation is retiring in greater numbers.
As
the Baby Boomer generation ages and enters retirement, robo advisors have become more attractive to them.
The retirement of
the Baby Boom generation means that millions and millions of people are making a transition from working and creating income to not working and being dependent on income through Social Security and Medicare, provided by the working generation.