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Once a reliable group for Republicans, senior voters have been trending toward the left as the baby boomer generation, which came of age during the 1960s and ’70s, now comprise a majority of the ...
Why Some Baby Boomers Are Choosing to Spend It All. Aaron Webber. December 22, 2024 at 10:30 AM. Baby Boomers are unique in many ways, one of which being that they are one of the only generations ...
Of these boomers, 57% believed it was important for each generation to earn their own money; 54% believed it was more important to invest in their children while they were growing up. [191] Bank of America Merrill Lynch estimated in 2014 that the ' silver economy ' would be worth US$15 trillion in 2020, up from US$8 trillion ten years prior.
Why Elder Law Is Necessary. In two words: baby boomers. The U.S. population is aging. Much of that has to do with waning fertility rates, as an increasing number of adults choose not to have children.
The "Me" generation is a term referring to baby boomers in the United States and the self-involved qualities associated with this generation. [1] The 1970s was dubbed the "Me decade" by writer Tom Wolfe in The "Me" Decade and the Third Great Awakening; [2] Christopher Lasch wrote about the rise of a culture of narcissism among younger baby boomers. [3]
This generation of "baby boomers" was the result of a strong postwar economy, in which Americans felt confident they would be able to support a larger number of children. Boomers also influenced the economy as a core marketing demographic for products tied to their age group, from toys to records. [25]
The oldest baby boomers reached 30 in 1976, while the youngest reached that mark in 1994. ... They understand why Mom was always turning the heat down, or why Dad insisted it was very important ...
The U.S. Census Bureau defines baby boomers as those born between mid-1946 and mid-1964, [2] although the U.S. birth rate began to increase in 1941, and decline after 1957. Deborah Carr considers baby boomers to be those born between 1944 and 1959, [23] while Strauss and Howe place the beginning of the baby boom in 1943. [24]