Understanding the Baby Boomers Definition

The term Baby Boomer pertains to the people who was born during the soaring of birth rates just as the economy continuously prosper in numerous countries during the post war years. In America, the term is directly synonymous to the people whose birth year’s fall before the war in Vietnam and after the Second World War (WW II). Hence, Baby Boomers possibly cover one generation or more. The term Baby Boom also depicts the population as well as culture of the Americans. This is contrary to the demographics shown throughout the world during the post WW II, which did not present the American families’ sustained growth. Definition The start of Baby Boomer generation is classified into different designations. Steve Gallion, …

Baby Boomer Statistics on Birth, Retirement and Empty Nestling

The baby boomer generation plays a significant part in almost every aspect of today’s America. They made an impact to every age cluster they get to belong. Baby boomers have the diverse potentials that uplifted their group in history. Fast statistics show that the fifty plus age group of baby boomers are earning roughly two trillion dollars, in control of more than seven trillion dollars of wealth and own 77% of financial assets in United States. That is not all, baby boomers also grip 50% of the discretionary powers in both government and private organizations. Baby boomers are interesting subjects to tackle-their power to do, their immense abilities and their emotions. And since the baby boomer generation is now ranging …