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Real-Time US Baby Boomer Generation population numbers. Total Born,% currently dead, how many are alive and dead, how often one dies and how many have died today. This includes all born in the US between 1946 and 1964 (85,358,000) Extinction: 2086. The Baby Boomer Generation Born 1946–1964 The media has portrayed the Baby Boomer Generation in many lights. With increased educational, financial and social opportunities, the Boomer Generation is often portrayed as a generation of optimism, exploration and achievement.
The term “Baby Boomer” was derived due to the dramatic increase in birth rates following World War II; soldiers came home from the war and had more time to spend creating babies, resulting in a population in the U.S. Of.This generation values relationships, as they did not grow up with technology running their lives.
Baby Boomers grew up making phone calls and writing letters, solidifying strong interpersonal skills. Yet as they got older, they actually became fluent in technology and now use cell phones and tablets. The difference is they use these technologies as tools as opposed to connectivity, an idea that came from the Millennial generation. This blog-savvy generation was raised by parents who were not authoritative, but rather saw themselves as partners. The Millennials grew up making the rules rather than having their parents tell them what is right. Their lives are now run by their smart gadgets, their third appendage.These people date through websites, as opposed to the Baby Boomers who met their spouses through friends or at social outings.
The Millennials may be known as successful and driven, but their marriage to technology has nearly destroyed their interpersonal skills and, as a result, depression is rampant in this generation. This article seemed a little interesting until it got the millennial portion which seems very subjected to the writer's opinion.The statement on depression being 'rampant' in the Y generation in comparison to that of baby boomers, X or Z is not backed by sufficient research. Baby boomers and gen X must still be under the veil of the idea of a 'normal' lifestyle whereas everyone should be 'Buying a home, keeping a good job and getting married' and not admitting to having depression when statistically, most have had more than one divorce in their lifetime and have likely been laid off too.
This article feels less like a scholarly analysis and more like an outlet for your angry and prejudiced opinions, having elitist opinions on growing up before technology and then responding with nothing but negativity for those that do. Next time, try not to let your own personal opinion infiltrate what should have been an outside view on the difference between generations, and maybe do some research on Gen Z as well! According to your own age range, the eldest Gen Z would have been 21 at the time of publication, and there was new and growing research even during that time. Good luck in the future with having a less discrimination in your articles. I am not sure what your criteria was for your critique other than your feelings? Not liking what is said and attributing the author with evil motives does not negate what he wrote.
The generation he is from has nothing to do with his conclusions. There is not an intergenerational competition about which one is best. Each generation has different influences and different values.Coming from a Gen X perspective, I thought the article did a good job of attempting to quantify the generations. On the whole, the article was informative, though the higher incidence of depression in recent generations could be the result of better awareness and treatment. Boomers love to crap on Millennials, and frankly, it's ridiculous! Millennials are MORE tolerant, loving, caring, and political (in a good way) than Gen Xers. Where is this information coming from?Yes, Millennials have far more stressors - it's amazing that boomers call us 'spoiled and selfish.'
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Paying $20 for college sounds spoiled to me!At least Michael Moore sees our positive qualities:'Moore praises millennials and other young people for being the least racist, least misogynistic, and least homophobic generation America has ever seen. He also notes that for the most part, their “non-hater” status remains intact no matter what political party they belong to.“They don’t hate someone based on the color of their skin or who they love,” he says, explaining that when it comes to raising children, the baby boomers must have done something right.It’s earnest, heartfelt, and uplifting. It’s also a testament to the legacies of both boomers and millennials that Moore has found hope in the idea of leaving the country in millennials’ hands.
He seems to have faith that fairness and empathy will reign.'
Baby Boomers represent the 76 million people born between 1946 and 1964. They were born during the post World War II baby boom. They rejected and redefined traditional values. They are also the wealthiest, most active and have the most disposable income for food, apparel and retirement programs. They are retiring later in life due to the economic recession of 2008 but are living longer than any generation before them.
Below, I break down the Baby Boomer generation across all aspects of their life, including consumerism, their values, their political views and employment status.Facts About Generations Series51 Of The Most Interesting Facts About.74 Of The Most Interesting Facts About.44 Of The Most Interesting Facts About.53 Of The Most Interesting Facts About. Baby Boomers and the economy. Baby Boomers face present value lifetime costs for uncovered long-term care of $44,000.
65% of Baby Boomers plan to work past age 65 or do not plan to retire and 34% plan to continue working for enjoyment, including 18% who want to stay involved and 16% who enjoy what they do. 59% of Baby Boomers are unemployed and looking for work and 33% are employed and looking for work.
Baby Boomer values. 67% say that adult children have a responsibility to provide financial help to elderly parent in need compared to 84% of millennials. 39% support same-sex married compared to 70% of millennials. 90% are married and 49% were married between 18 and 33. 17% don’t identify with one religion compared to 36% of millennials. Baby Boomers as employees.
80% of Baby Boomers in their early 50s are in the workforce and a third of the oldest boomers are still working in some capacity. 67% of Baby Boomers are either not engaged or actively disengaged at work. 41% of Baby Boomers say workers should stay with an employer at least five years before looking for a new job. Baby Boomers are most likely to have the highest-paying jobs, including Chief Medical Officer (CMO) ($300,700), Psychiatrist ($215,200), and Aerospace Engineer ($122,800). 54% of Baby Boomers spend between 5 and 20 hours per week searching for a job.
87% of Baby Boomers choose job boards as the resource they turn to first in a job search. LinkedIn is the top choice of Boomers (29%) of social networking sites for job searching. 65% of Boomers feel like they suffer from age discrimination. For Boomers, the most important things they look for in a job are meaningful work (60%) and location (57%). 64% of boomers said they feel relevant to their company’s vision and mission. 67% said they’ve had enough training to become a leader at their company.
61% of Baby Boomers say that Boomers are the most capable of leading organizations. 53% of Baby Boomers said that men make better leaders than women. Baby Boomers as entrepreneurs. More than 80% of Baby Boomers launch ventures as a lifestyle choice or to boost income. These boomer entrepreneurs are primarily choosing to start businesses because it allows them to be independent (32%), pursue their interests and passions (27%) or increase their income (24%). 66% who own businesses agree or strongly agree that they can easily think of people who would be great partners if they ever decided to start a business. Baby Boomers are twice as likely to launch a new business compared to millennials.
There’s a 35% chance that an older business owner started the business he or she currently manages. 45% of Baby Boomers consider themselves to be entrepreneurs. Baby Boomers as consumers. 30% would access a mobile coupon to redeem in a retail store and 32% research products online.
Boomers represent 44% of the US population, and in the next 5 years, they’re projected to hold 70% of US disposable income and buy 49% of total consumer-packaged goods. Baby Boomers account for over 50% of sales for 72% of over 6,500 brands that Nielsen tracks.
59% said newspapers and magazines were instrumental in starting their consumer product search. 77% of Boomers will purchase something based on its value followed by 42% who had a positive experience in the store and interestingly enough, 42% choose an item based on price. 35% of all U.S.
Homeowners are Baby Boomers. Baby Boomers spend 18% more time than Millennials on their home search, averaging 4.9 months searching for a home to buy. Baby Boomers spend the most across all product categories but are targeted by just 5-10% of marketing. Over the next 20 years, spending by Boomers is expected to increase by 58% to $4.74 trillion. Baby Boomers are responsible for 80% of all luxury travel spending. 62% have the best experience at a brick-and-mortar store when buying a product compared to 19% who said online-only retailer.
74% have praised a brand in person to others and 54% have in-store. 86% are a member of a brand loyalty program to get points and rewards and 71% to get better deals. Baby Boomers as investors. 70% of the disposable income in the U.S. Is controlled by Baby Boomers. Baby Boomers will inherit $15 trillion in the next 20 years.
Boomers own 80% of all money in savings and loan associations. 59% of Boomers expect Social Security to be a major source of their income during retirement.
45% of Boomers surveyed had absolutely nothing saved for retirement. 30% postponed their retirement plans 30% stopped contributing to retirement accounts. 73% say they are fairy or very knowledgeable when it comes to investing compared to 25% that aren’t knowledgeable at all. 65% turn to a financial advisor and 39% turn to news outlets are their primary source for investment advice. 71% of Baby Boomer workers have access to a 401(k) or similar plan offered by their employer, including 78% who are working full-time and 42% part-time. Baby Boomers in Politics.
44% identify themselves as conservative, 33% moderate, and 21% liberal. 66% of Baby Boomers say that preserving social security and medicare is more important than reducing the deficit.
35% of Baby Boomer voters say that the government should do more to solve our problems compared to 59% of Millennials. They get their news from local TV (60%), Fox News (47%), and NBC News (47%). 45% select politics and government as one of the three topics that they are most interested in. 34% are conservative, 33% are liberal and 35% are mixed. Sorry to disagree with youbut Social Security was paid into by each and every working person and their benefit is really like a “forced savings account” that they deserve to be the recipient of. On the other hand, Welfare is an entitlement program that has coddled and disempowered more people by giving them, in many cases, unchecked access to funds which are abused and misused, ultimately creating an ongoing “dependence” which weakens many urges to strive for more and be more “self sufficient” Two very different scenarios entirely!
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