Sentences with phrase «demographic of aging baby boomers»

With the core demographic of aging baby boomers on the rise, cruise lines are a growing market.

Not exact matches

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.»
Part of that decline has been due to difficult economic conditions after the financial crisis of 2008, but part of it is also due to simple demographics: The baby boomers are hitting retirement age, and young people are more likely to go to college or graduate school, meaning that fewer people will want to work.
Studies have shown half to two - thirds of the rise in non-participation is due to demographic changes as baby boomers reach retirement age and teenagers choose to focus on school rather than working part time.
In addition, its broad demographic appeal attracts seniors, baby boomers, couples, young families and groups of all ages.
The first shift was the changing demographic landscape, with the leading edge of the baby boomers starting to reach driving age.
Its business model is simple, and demographic trends — namely the aging of the Baby Boomers — suggest healthy growth for the foreseeable future.
I liked the store as a customer, and I anticipated that the business would grow with the aging baby boomer demographic in need of pharmacy products and services.
On the other side of the demographic shift, the baby boomers also will drive change as they age; many will sell their homes and move to urban locations with similar amenities as those desired by gen Y (but with the added amenity of convenient health care).
The demographics of the legal profession in Canada mirror that of the wider population with the proportionately large baby boom generation nearing retirement age.
Coming of age at the turn of the new millennium and the largest cohort since the Baby Boomers, this demographic is characterized as incredibly sophisticated (* ahem), tech - savvy and immune to most traditional marketing and sales tactics.
Other demographic changes will intensify the need for flexibility among lawyers, like the ageing of the baby boomer population with corresponding caregiving responsibilities.
He says that changing demographics — from aging baby boomers desirous of being close to entertainment and healthcare to young people without children — are creating a desire for places to live that are walkable and have amenities nearby.
She notes that, though we hear a lot about young alpha males like Facebook's Mark Zuckerberg and Tesla Motors» Elon Musk changing the world overnight, in reality the fastest — growing segments of new business owners in the U.S. are women and baby boomers over age 55, which is, statistically speaking, the demographic profile of today's typical REALTOR ®.
Two, we'll continue to see strong demand for properties thanks to a confluence of once - in - a-lifetime demographic trends: baby boomers in their peak earning years; their children, the echo boomers — also a huge age cohort — starting to form their own households; retired people living longer and healthier lives; and immigrant households — a record number over the last 30 years — now ready for homeownership.
Real estate, though cyclical, is being influenced by new parameters that have to be weighed in the balance — including demographics and preferences of aging baby boomers, the economic impact of ever - increasing oil prices and the like.
The demographic wave of Baby Boomers hitting retirement age will nearly double the 65 - plus population in the United States by 2050, from 43.1 million to 83.7 million, according to projections by the U.S. Census Bureau.
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