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So $77.57 back in 1964 would have been a relatively significant sum. Call up an inflation calculator online and you'll learn that something that cost $1 in 1964 would cost, on average, $10.15 today.
This group represents slightly more than half of the generation, or roughly 38,002,000 people. The other half of the generation, usually called "Generation Jones", but sometimes also called names like the "late boomers" or "trailing-edge baby boomers", was born between 1956 and 1964, and came of age after Vietnam and the Watergate scandal.
A report titled Economic Mobility: Is the American Dream Alive and Well? focused on the income of males 30–39 in 2004 (those born April 1964 – March 1974). The study was released on 25 May 2007 and emphasized that this generation's men made less (by 12%) than their fathers had at the same age in 1974, thus reversing a historical trend.
Jeffrey Preston Jorgensen was born on January 12, 1964, in Albuquerque, New Mexico, [8] as the son of Jacklyn (née Gise) and Ted Jorgensen. [9] At the time of Jeff's birth, his mother was a 17-year-old high-school student and his father was 19. [10] Ted was a Danish American unicyclist [11] born in Chicago to a family of Baptists. [12]
The year 1964 was momentous. It's the year that the youngest baby boomers were born, for one thing. (The oldest were born in 1946.) Other events: President Johnson signed the Civil Rights Act of ...
Data source: Social Security Administration, 2024 Annual Statistical Supplement. *As of November 2024. Back in 1964, the average monthly Social Security retirement benefit was just $77.57.
The majority of Joneses reached maturity from 1972 to 1979, while younger members came of age from 1980 to 1983, just as the older Baby Boomers had come of age from 1964 to 1971. The name "Generation Jones" has several connotations, including a large anonymous generation, a " keeping up with the Joneses " competitiveness and the slang word ...
The average check in 1964 Sixty years ago, the average monthly SSA benefit paid to retired recipients was $77.57, and the average annual salary in 1964 was just shy of $4,000.