We live in a world of relatively low interest rates; part of that comes
from the Baby Boomers aging and pension plans investing for their retirement.
Not exact matches
The cohort of Americans over
age 65 is expanding much faster than the workforce;
from 2017 to 2030, 20 million more
baby boomers will reach retirement
age, while only 14 million Americans will begin employment.
Moreover, the admittedly quite uncertain long - term budget exercises released by the CBO last October maintain an implicit on - budget surplus under baseline assumptions well past 2030 despite the budgetary pressures
from the
aging of the
baby -
boom generation, especially on the major health programs.
And Forrester researchers highlighted in a study that
baby boomers, between the
ages of 51 and 69, are the «biggest spenders» because they have extra cash
from decades of saving and investing — something millennials just can't afford.
In comparison,
baby boomers held an average of 11.9 jobs
from age 18 to
age 50.
Not only that, the arrival of the
baby -
boom generation at retirement
age over the next two decades will see the ratio of seniors to working -
age people (
aged 20 to 64) go
from just over 1:5 in 2006 to 1:2 by 2056.
In the coming decades, as
baby -
boomers hit old
age, the annual death rate will climb
from 8.3 per 1,000 people today to 10.2 by 2050 in America,
from 10.6 to 13.7 in Italy and
from 9.1 to 12.8 in Spain.
Proving that it's never too late to pursue your passions, data
from the 2016 Kauffman Startup Index indicates that while
baby boomers currently account for 25 percent of new business owners, the last few years show the number of
boomer entrepreneurs are on the rise at a rate that outpaces other
age groups.
More than half of American
baby boomers (born
from 1946 - 1964) plan to work past
age 65 or not retire at all, according to a report by the Transamerica Center for Retirement Studies.
«The longer term outlook is especially positive for multifamily construction, reflecting the
aging of the
baby boomers and an associated shift in demand
from single - family to multifamily housing.
More significantly, withdrawals
from 401 (k) plans are now exceeding new contributions as
baby boomers age.
In 2008 the first
baby boomers can start retiring — at
age 62 — and receive partial benefits
from Social Security.
An article in the September 29 issue of the Los Angeles Times predicts that «although tax revenue
from workers will continue to exceed payments to retirees until 2030, that will change radically as the
baby -
boom hordes begin to reach retirement
age.»
The 18 to 35
age group is drinking more wine than
Baby Boomers and that's driving new brands
from Treasury Wine.
As the
baby boomers age, the number of people with multiple chronic conditions will most likely grow
from 8.7 million... Read More
As the
baby boomers age, the number of people with multiple chronic conditions will most likely grow
from 8.7 million today to almost 37 million by the year 2030.
The share is projected to slip further, to 23 % by 2050, even as the percentage of people 65 and older is expected to jump
from 13 % today to roughly 20 % by 2050 due to the
aging of
baby boomers and beyond.
The Big
Boom «
Aging research, in general, is a very hot area,» says Perry, «given that we are now just five years
from the date when the first
baby boomer turns 65.
With 5 million Americans currently suffering
from heart failure — and their ranks sure to grow as 76 million
baby boomers march into old
age — cardiologists are counting on breakthroughs in stem cell therapy.
Coaching singles
from «college -
age to the large population of
baby -
boomers who are looking for a chance at true love,» Julie Spira is publisher and editor - in - chief at Cyber-Dating Expert.
At Cyber-Dating Expert, we've been coaching singles
from college -
age to
baby boomers for years now, so we are pleased to see the research back up our own work.
BUSINESS WIRE - Mar 3 - With ~ 85M
baby boomers in North America and ~ 30 % of them single, there's a lot of prime -
age dating going on. SeniorPeopleMeet.com, the online dating site devoted to senior singles, has launched SeniorPeopleMeet.com Magazine, a free online magazine designed to serve the particular needs of singles within that community — enabling all senior singles to benefit
from the latest dating tips, trends and topics that are unique to them.
With over two decades of experience, she coaches singles
from college -
age to the large population of
baby -
boomers who are looking for a chance at true love.
With over two decades of experience, she coaches singles
from college -
age to the large population of
baby -
boomers who are looking for a first or second chance at love.
BoomerDating.com is designed for the UK «
baby boomers» (mature men and women
aged 45 +), but you also will find the profiles of users
from...
Dating Over 50 news and better about my
age and lucky to have spent my Millennial dating years pre You
From Being Ghosted In Over 50's Dating Online Dating Service for Singles over 50 at 50plus - 50plus - is the leading over 50 online dating site and active community for
baby boomers, senior singles and singles over 50 in the United States.
his clearest take on the mid-life crisis
age of Generation X. Much of the conflict of the film comes
from the sense that they are somewhat of a lost generation, sandwiched between the can - do hard working
Baby Boomer attitude of those who came before (Grodin's character) and the less traditionalist, blunter millennial hipster culture (Driver's character).
For the most part, Baubach has
aged alongside his protagonists, making While We're Young his clearest take on the mid-life crisis
age of Generation X. Much of the conflict of the film comes
from the sense that they are somewhat of a lost generation, sandwiched between the can - do hard working
Baby Boomer attitude of those who came before (Grodin's character) and the less traditionalist, blunter millennial hipster culture (Driver's character).
Of course, the golden
age of the interactive whiteboard might soon come to an end, as the recession, the crash in property taxes, and competition
from the
baby boomers» retirement expenses take their toll on school budgets.
Classrooms are facing a mass exodus of senior teaching staff as the
baby boomer generation nears retirement, coupled with societal pressure to leave the workforce at state pension
age, according to new research
from specialist recruiter Randstad Education.
With influences coming
from «mentoring»
Baby Boomers such as Arianna Huffington, lending advice to new -
age workers, there is an urge to step outside of the office and create their own office.
In 1971, Eli acquired SunLife, a small insurance company founded in 1890, for $ 52 million and transformed it into a new business that would answer another essential public need: offering secure retirement savings to
aging Baby Boomers — the same customers who bought homes
from Kaufman and Broad.
Perhaps the best thing about Acura vehicles is its ability to attract all demographic
age groups,
from Millennial to
Baby Boomer and everyone in between.
These manufacturers are capitalizing not only on our nostalgia, but also on the fact that
aging baby boomers have lots of disposable income now that the kids have left the nest and graduated
from college.
Millennials (customers under
age 34) now buy more new vehicles than any generation besides
Baby Boomers, and they account for 20 percent of GM sales, up
from 5 percent in 2010.
Beattie, whose fiction Vanity Fair calls «irony - laced reports
from the front line of the
baby boomers» war with themselves,» packs insight and humor into her examination of the First Couple with whom
boomers came of
age.
But Malcolm Hamilton, a senior fellow at the C. D. Howe Institute, says raising the TFSA limit is a short - sighted election tactic that will lead to real problems 10 to 15 years
from now, when the entire
baby -
boom generation will be collecting Old
Age Security.
According to recent statistics
from the Alzheimer's Association, the prevalence of Alzheimer's is unfortunately on the rise in the United States as
baby boomers age.
As president and chief executive officer of the American Pet Products Association (APPA) in Greenwich, Conn., he realizes that
aging baby boomers (those born
from the mid-1940s to the mid-1960s), rising millennials (early 1980s to early 2000s) and the emerging Hispanic population signal change for the pet industry.
However, we are not too far
from a time when the largest group of
baby boomers will reach an
age at which pet ownership will no longer be easily manageable.
The rise resulted
from aging baby boomers and more households looking for plans that are affordable yet still provide sufficient protections for family members.
Growth in field is mainly attributed to the
aging population; as «large numbers of
baby boomers approach retirement, they will seek planning advice
from personal financial advisors» (San Diego Union Tribune).
With the population
aging and many
Baby Boomers choosing to stay employed well into their 60s, you probably receive many resumes
from candidates whose experience goes far beyond what a position requires.
Even in the old days, late - period
baby boomers held an average of 11.7 jobs
from age 18 to 48, according to BLS data.
The average person born in the latter years of the
baby boom (1957 - 1964) held 11.7 jobs
from age 18 to
age 48, according to the U.S. Bureau of Labor Statistics.
Some factors behind this growth include more demand
from aging baby -
boomers, improved access to health insurance and the increased popularity of cosmetic dental procedures.
That demand is coming
from the
aging baby boomer population.
But middle
aged Americans and
baby boomers, although on the whole better off and less likely to be unemployed than the average person, have still seen numbers
from their ranks faced with layoffs and job searches.
An
aging baby boom population, which will require preventative medical services, will take more attention
from physicians.
A new study on «The Gray Divorce Revolution,»
from the National Center for Family & Marriage Research, says 1 in 3 members of the
baby boomer generation will be unmarried in old
age.