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Baby boomers, often shortened to boomers, are the demographic cohort preceded by the Silent Generation and followed by Generation X. The generation is often defined as people born from 1946 to 1964 during the mid-20th century baby boom. By this dating, the youngest of them will become 61 in 2025, while the oldest will become 79 in 2025.
From a demographic point of view, the labor shortage in the United States during the 2020s is inevitable due to the sheer size of the aging Baby Boomers. [98] [99] As the oldest economically active cohort, [99] the Baby Boomers comprised about a quarter of the U.S. workforce in 2018. [100]
Gen X is the generation of people born between 1965 and 1980 who are now between 45 and 60 years old. Boomers are people born between 1946 and 1964 and in 2025, the youngest boomers are 61 years ...
Also, by 1955, a majority of U.S. households had at least one television set, [10] and so unlike Leading-Edge Boomers born from 1946 to 1953, many members of Generation Jones (trailing-edge boomers) have never lived in a world without television—similar to how many members of Generation Z (1997—2012) [11] [12] have never lived in a world ...
Baby boomers now hold an unprecedented share of the nation's wealth, with those born during this specific period now officially holding approximately 51.8% of U.S. wealth as of the early 2020s.
In the U.S., the average life expectancy is now 77.5, according to the Centers for Disease Control and Prevention’s (CDC) latest data (In Germany, where the study was conducted, it’s 78.3 for ...
Baby Boomers have been often ascribed as technology resistant, and slower to adopt computers and smart phones than more recent generations who have grown up with them. This has created a sharp divide in how Boomers and modern generations see and interact with the world, including relationships, consumption of media, news sources, and spending ...
5 ways to boost your net worth now — easily up your money game without altering your day-to-day life And in the same year, however, the median retirement balance among households was actually ...