Sentences with phrase «of aging boomers»

«We've been expecting the first - wave of aging boomers for quite some time,» says Elton Ash, regional executive vice-president, Re / Max of Western Canada.

Many small towns are experiencing a comeback these days; a combination of aging boomers and the green movement, combined with technology that lets people work just about anywhere make them a viable alternative to urban and suburban life.

The population shift suggests that kids could be sidelined as we cater more and more to the needs of aging boomers.

It also explains why we are forecasting that growing numbers of aging boomers will become independent workers and small business owners (again, see our baby boomer section for more on this).

The labor force participation rate is another important place to look in this regard, but it is a) a very noisy monthly indicator, and b) the overall rate is down in part due to retirement of aging boomers.

Not exact matches

However, our study found that Baby Boomers (age 53 - 70) make up 24 percent of the on - demand workforce, while GenX's (age 35 - 52) actually make up a greater percentage (41 percent) than Millennials aged 18 - 34 (35 percent).

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.

Aquatic resistance workouts are growing in popularity, probably due to the aging population of active baby boomers.

The term «newcomers» is code for a couple of demographic subsets, one being women, the other aging boomers — people with time on their hands, replacement hips and money to spend.

Considering boomers make up about a quarter of the population, there's a wealth of business opportunity in serving this aging demographic, particularly when it comes to health care.

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.

Although they are most likely to be millennials, Aspirationals can be any age; 11 % of them are seniors and 20 % are baby boomers.

The labor force participation rate has fallen due to cyclical factors such as workers temporarily dropping out of the workforce because of discouragement over job prospects, but also due to structural forces such as the Baby Boomers reaching retirement age and younger workers staying in school longer.

The underlying message here is that the startup boom is far from over — we live in the age of innovation, ubiquitous internet access and loads of free capital.

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.

«Gen Y's are aging into the important «pre-family» cohort of riders and Boomers are increasingly handing over their keys to the smaller Gen X population.»

As our country's population continues to age (according to the U.S. Census, by the year 2030, there will be over 57.8 million «baby boomers» between the ages of 66 and 84), the demand for quality homecare is sure to increase.

Add that to the risks of business ownership and the inevitable health risks tied to aging, and even the most careful financial planning may not be able to save these boomers from financial disaster.

«As the next wave of boomers retire, Canada is expected to see lower revenue growth and higher expenditures for Old Age Security and health costs,» says Page.

Some may think I'm on the young side to be managing so much money, but with multigenerational clients — everywhere from millennial parents looking to enter the market all the way to boomers trying to secure their savings — my age is one of my strengths.

Only 26 % of the Gen X age group and 29 % of Boomers said they can't last more than five hours without checking their feeds.

Nearly a quarter of new entrepreneurs are boomers aged 55 to 64.

It's no wonder that 62 percent of younger boomers (ages 51 to 65) expect employment to be a source of income in their retirement years.

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.

Like sands through the hourglass, America's 76 million Baby Boomers have come of age: retirement age, that is.

Generation X (aged 35 to 54) is saving 8 % of their income and working baby boomers (55 and older) are socking away just 5 %.

With aging boomers making up the majority of its most loyal customers, the coffee chain is keen on drawing in younger consumers, says Doug Hunter, author of Double Double: How Tim Hortons Became a Canadian Way of Life, One Cup at a Time.

Of particular concern, working - age population growth is running at just a third of the long - term average, meaning the current housing boom lacks the robust demographic underpinnings seen in previous cycleOf particular concern, working - age population growth is running at just a third of the long - term average, meaning the current housing boom lacks the robust demographic underpinnings seen in previous cycleof the long - term average, meaning the current housing boom lacks the robust demographic underpinnings seen in previous cycles.

For example, not only are millions of Baby Boomers now reaching retirement age, some 90 million so - called Millennials or «Gen - Yers» are now entering the workforce — and creating new patterns of consumption and demand, says Jack Plunkett, CEO at Plunkett Research.

Today's Boomer Consumer Businesses need to understand today's boomers from three perspectives: 1) where they are in their heads in terms of what drives their behavior; 2) where they are in their lives in terms of lifestyle and life stage; and 3) how their shared generational experiences coming of age in the late»50s to early»70s shape their perceptions.

One recent survey found that 30 % of millennials (defined as ages 18 to 36) said they had discussed their pay with coworkers, compared with just 8 % of baby boomers (ages 53 to 71).

We need more young workers to fund the old age of the Baby Boomers.

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.

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.

By age group, however, boomers reported significantly less multitasking, logging only 10.3 hours of activity, while Generation Y clocked 22.9 hours.

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.»

The generation with the largest chunk of savers holding equity stakes at least 10 percentage points above Fidelity's recommended allocation for their age is baby boomers, coming in at 26 percent.

Caring for aging boomers will be a big business, and there's an opportunity to create a subscription business whereby kids and grandkids send older relatives a surprise box of goodies to let them know people are thinking of them.

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.

«As the baby - boom generation approaches retirement age, the number of cases of impotence will [likely] increase,» noted the company's annual report in 1996.

They cite the needs of the aging baby - boomer market — a megapopulation of educated women now entering their peak years of earning and spending.

Indeed, this younger cohort will be in demand to fill the shoes of baby boomers and even older workers aging out of the workforce.

Pioneering employers like AltaGas that offer flexible arrangements to their older permanent employees usually have an eye to trying to retain the skills and experience of their aging baby boomers a little longer.

«We have baby boomers coming down the pike and getting close to that age, and so we want to look more frequently at flexible arrangements,» says Nicole Arienzale, AltaGas director of human resources and administrative services.

Unfortunately, what feels «just right» to today's button - downed male baby boomer male often feels «too cold» for women of any age because, as science has repeatedly shown, women get colder faster and more easily than men.

In fact, older people in the workforce — Gen - Xers and the percentage of Boomers still on the payroll — can learn a thing or two from people between the ages of 18 and 35.

Baby boomers have most of the wealth and the housing, so «millennials are doing less well than their parents at the same age.»

Canada's aging population is fuelling the growth of the health care industry as Baby Boomers reach retirement age.

Canadian demographer David Foot, who made a name for himself following the entrails of the baby boom and wrote the book Boom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic groboom and wrote the book Boom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic groBoom, Bust and Echo, has been warning for years that an aging workforce inevitably leads to slower economic growth.