Baby Boomer Demographic Analysis

Shopping: Shopping for the Baby Boomers would have been somewhat limited. The traditional Macy's experience would be about as dynamic as a Baby Boomer could get in terms of choices. If the local Sears didn't have what they needed, they'd have to go to a specialty store and take the number from the catalog, and if they were lucky, get the correct item ordered in about 4 - 6 weeks!

Before we can get into the juicy information pertaining to the fascinating period of Baby Boomers, we must first take a quick glance at what was happening before this occurred.The main event that came to a conclusion that had a significance to the world and is a recent and relevant topic to the Baby Boomer period was the end of World War II.World War II had been going on since 1939 when the Nazi army and the Soviet Union united invaded Poland, resulting in the British and French declaring war on Germany.The allies allow Hitler to commit illegal actions without deciding to go after him(they just sat and watch him invade and grow as the years went by).It seems over for the Allies until the Japanese decided to obliterate Pearl Harbor December

Baby Boomers constructed America in the 1960s, and soon the Millennials will get their chance. Baby boomers are currently the largest generation of active workers. Research has shown that boomers identify their strengths as organizational memory, optimism, and their willingness to work long hours. Many earned, many still earn high incomes. The millennial generation, born between 1980 and 2000, are starting to enter businesses in large numbers. However, they do not have the same views and values when working compared to the Boomers. This Boomers grew up in organizations with large corporate hierarchies, and Millennials grew up with management structures and teamwork based job roles. By 2025, millennials will make up the 75% of the workforce replacing the Boomer generation. But, are they ready for the workforce and is the workforce ready for them? I think they would be ready if businesses are able to change and adapt towards them.

The baby boomer generation will have tremendous impacts on health care as they continue to age and experience health issues. The impacts will show a significant financial difference in the very near future than what the impacts look like today for all health care organizations across the country. The baby boomer generation began between 1946 and 1964. Throughout the 18 year time span, over 76.4 million people were born. By 1964, this made up over 40 percent of the total US population. Today, this generation is between 53 and 73 years old and by 2020 there will be one and five people over the age of 65. As this time approaches and this generation becomes Medicare and

Financial elder abuse is a prominent issue in the world, and will continue to increase due to financial burdens the Millennials will face in their upcoming years. The fear of Social Security benefit reductions as well as the increase of college tuition prices, will add to future financial elder abuse incidents.

As the baby boomer generation begins to reach retirement age, there has been much speculation as to what affect they will have on the health care industry. The baby boomer generation is the group of people born between 1946 and 1964. At one point, there were more than 76 million of them, of which 4 million died before 2000. With all this in mind, I will discuss what specific effects they will have now they are getting to that “elderly” stage.

North Americans born between 1945 and 1963 are all referred to as the Baby Boomers. During this time period or 75 million babies were born in the U.S alone. After WWII the birth rate in North America was on the rise. Growing Families created growing and expanding markets for new housing, automobiles as well as many other products such as toys, food and of course the wonderous television. Baby Boomers were the first generation in history to be raised in front of the television. The drastic increase in population completely changed the social and economic make-up of North America within a span of about eighteen years. But in the late seventies things began to change. Generation X accounts for those born between 1964 and 1981, these

From 1946 to 1964 approximately 4 million people were born each year in the United States. This was the greatest surge in births of any period prior or since. In 2006 the first of these so called baby boomers turned 60 and began settling into early retirement. In 2011 the first of them turned 65, the traditional retirement age. This year another 4 million will join the ranks of the retired. Many feel the passage of the PPACA came just in the nick of time to save the ailing Medicare system that this growing senior population relies on. Medicare's financial challenges would be far greater without the health care reform

Baby boomers are adults born in 1946-1964, and the largest demographic in America with around 76 million. They are the children born to parents who served in WWII. After WWII the increase in wages spurred the belief that they could afford many children. When in reality they could at the time, but not for long. Now, many boomers will be lower class because of mortgage debt and health care costs. Boomers are reaching their retirement age soon meaning they will depend heavily on the government

This phenomenon occurred almost exactly 9 months after WWII. Some historians like Landon Jones says,“the cry of the baby was heard across the land.” In 1946 3.4 million babies were born an all-time high for U.S., this was 20 percent more than in 1945. This change caused what is now known as the “Baby Boom.” The babies didn't stop there in 1947 another 3.8 million babies were born, then in 1952 3.9 million babies, and then they’re forward from 1954 to 1964 4 million babies were born each year. “By 1965 the cry of babies ended, leaving 76.4 million “Baby Boomers” living in the United States.[1]” “Baby Boomers” made up of 40 percent of the United States population.

40. How do you suppose the demographics of an aging population of “Baby Boomers” in the United States will affect the demand for milk? Justify your answer.

A reason for why there is a higher proportion of elders in rural communities could come from the fact that people of younger generations tend to move from rural to more metropolitan areas once they get older in order to get better education and jobs. Due to the fact that more and more of the Baby Boomer generation are reaching the age of 65 years, if there are elders staying in rural communities rather than leaving like young adults, then there is bound to be an increase in the percentage of elders living in rural communities. Another factor that could account to the higher proportion could be retirement destinations. According to the Cornell Chronicle, by Cornell University, “More than 10 percent of Americans over age 60 relocated, mostly

There are ways that baby boomers are a great asset to the health world. In the health care industry, the average 70-year-old takes about three times more medication than the typical 40-year-old. By the time they are done, 78 million baby boomers will have outlived millions of hip replacements and heart transplants, swallowed tons of Advil and Viagra, and consumed billions of boxes of brand. Which cause for a whole lot of health care spending. Baby boomers are also great when it comes to the traveling industry. In their younger days, boomers were extremely adventurous. Thanks to the baby boomers who in the 1960s and '70s made random student trips to Europe and also to single resort scene to the apotheosis in the 1970s. Especially the posh room

non-Hispanic African Americans, who will represent the largest minority group in the Baby Boomer cohort (Frey, 2015). This segment of the Baby Boomer generation is projected to grow to 12 million by 2060. In 2014, African Americans made up 9 percent of the older population, but by 2060, this number is expected to grow to 12 percent (Administration for Community Living (ACL) & Administration on Aging (AoA), 2015).

While the “Greatest Generation” is a title often given to those Americans who lived and died during the era of the Great Depression and World War II, their offspring, the “Baby Boom” generation, significantly shaped and improved the American landscape as well if for no greater reason than the sheer number of people who make up this population (Steinhorn, 2006). Today, based predominantly on that very same reason, the baby boomer population is now making a very different, yet equally as profound impact on American society. More