So while the market appears to be in for a wait to see a major boost in business, the focus remains
on the baby boomers.
That means it's still highly reliant
on baby boomers for sales.
One Merril - Lynch study
on Baby Boomers suggests that as members of their generation retire, up to 2.5 trillion hours of leisure time will be created.
I'll also focus
on the Baby Boomers — because they bloody deserve the blame... for just about everything!
Check out MGIC's blogs
on Baby Boomers and GenXers — they don't understand it either.)
(C'm
on baby boomers, this is how you treat your kids and grandkids generation?!)
Studies indicate that over 40 million people in the United States have entered into online dating from 2009 - 2011, among them the amount of baby boomers over 50 registering
on the baby boomers dating sites had a huge rise of over 4 hundreds percent over the two years prior.
Meetcha focuses
on baby boomers and singles 40 + who are interested in meeting other singles in group settings.
If you think you can ignore the entire group and focus
on the baby boomers instead, think again.
That's partly a sign of greater financial strains
on baby boomers who feel they can't afford to retire, as Alicia Munnell of the Center for Retirement Research at Boston College wrote this week for MarketWatch.
Jeremy Siegel (Stocks for the Long Run) offers a pretty thorough and generally optimistic take
on the Baby Boomer retirement issue in his latest book «The Future for Investors.»
The trio started the business selling picture frames out of the Handler's garage, then switched to toys in 1947 to capitalize
on the baby boom's toyless market.
Not exact matches
It seems that all eyes are
on the slowly retiring
baby boomers or the ascending millennials, now the world's majority generation.
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).
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.
Baby boomers, with their inheritances, homes, and old - fashioned pensions, may appear to be
on track for a solid retirement — but some experts say the forecast for the generation born from 1946 through 1964 isn't necessarily so rosy.
Millennial small business owners have more confidence in their retirement savings than
baby boomers, according to our survey, possibly because millennial owners started their business at a younger age
on average (26 vs. 43 years old), allowing more time for them to grow their businesses» profit margins and create comfortable retirement plans.
But
on the other hand... well, money isn't something that we generally discuss in the open (especially those from the
Baby Boomer generation).
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.
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.
But
Baby Boomers embraced the term — and imparted such principles
on their kids.
Boom is planning to test its designs
on a one - third scale demonstrator plane, which it calls «
Baby Boom,» in late 2018 and expects the planes to be delivered by the mid-2020s.
Baby boomers resist retirement and launch small businesses By Matt Lundy October 11, 2012 John Laing has eased into his retirement years
on his own terms by revitalizing his career.
A new study finds that millennials are more likely than
baby boomers to give based
on their emotions rather than a strategic plan.
Baby boomers,
on the other hand, might find that incredibly creepy.
Door - busting demand by aging
baby boomers is leading financial advisors to build businesses focused solely
on that demographic.
Franchising can help
baby boomers match their interests, their entrepreneurial spirit and their specific financial situation to a business they can build
on — with help and guidance from the franchisor, franchise associations and their fellow franchisees.
In fact, US millennial parents are
on track to be richer in retirement than the typical Gen - Xer or
baby boomer with kids.
An office
baby boom can be a blessed event, but it can also put a strain
on your company.
Those that started in the make - work programs of the depression,
on the GI programs in the late»40s and even those young
baby boomers need their own try without us old «uns standing in the way.
Whether for financial gain or fun,
baby boomers are embarking
on second careers that can bring in both money and, often, fulfillment.
Whether that crowd is Generation Z kids in a mall or
Baby Boomers stuck in traffic
on a freeway, the ads they see are not customized to them.
As a matter of fact, in a study by the Georgetown University Center
on Education and the Workforce, it was discovered that Millennials constitute 40 percent of the unemployed, as opposed to 37 percent from Generation X and 23 percent from the
Baby Boomers.
Forty percent of
baby boomers are
on their mental break by now, and it takes until Dec. 20 for older workers to check out.
Baby boomers are taking flak for holding
on to jobs longer and crowding out the next generation of budding workers.
On the one hand, extending the age would stall the shrink age in Canada's workforce as
baby boomers retire.
«The bottom line: if you're looking for long - term themes you can fall back
on when the market's unsettled, remember that the
baby boomers no longer rule the earth,» Cramer concluded.
Whereas the traditional «actives» skewed heavily to the
baby boom and senior generations, this new group is driven by members of gen X and Y, and sees more males spending
on luxury goods and services than has traditionally been the norm.
«While many
baby boomers prospered financially in the past thirty years, one could say that their children are starting new careers and families
on an equal, if not firmer, footing in most regions,» concluded Guatieri.
Fidelity Charitable, the nonprofit arm of Fidelity Investments that runs its donor - advised fund program, found that 71 percent of millennial women give to charity based
on the moment while less than half of
baby boomer women do so.
Millennials tend to give to charitable causes in the spur of the moment and based
on emotion more than
baby boomers do, a new study has found.
Seventy - one percent of millennial women give to charity based
on the moment, while less than half of
baby boomer women do so, according to a new study from Fidelity Charitable.
Indeed, Millennial women are twice as likely to be active investors and twice as likely to take
on high - risk investments than
Baby Boomer women.
Many
baby boomers in their late 50s and 60s expect to keep working longer than their parents» generation, but studies show they're hoping to do it
on their own terms.
He saw a huge opportunity providing high - yielding investments to retirees and
baby boomers who formerly relied
on income trusts.
That's a worrisome question for the roughly 8000
Baby Boomers who will turn 65 each day for the next 15 years (and it doesn't exactly weigh easy
on the Gen X-ers that follow).
A Gallup study showed that mission - driven companies that allow employees to focus
on their own strengths every day are better able to attract and retain employees from every generation, from
baby boomers to millennials.
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.
«Until my third year of being self - employed, my parents — who are
baby boomers — thought I was out of my mind,» says Faiyaz Farouk, whose company, S2 Leadership Consultants, advises businesses
on working with Gen - X and Gen - Y employees.
And
Baby Boomers who may have delayed selling their business during the economic recession are now interested in putting their companies
on the market.