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The generation is often defined as people born from 1946 to 1964 during the mid-20th century baby boom. The dates, the demographic context, and the cultural identifiers may vary by country. [1][2][3][4] Most baby boomers are the children of either the Greatest Generation or the Silent Generation, and are often parents of Millennials.
Post-World War II baby boom : Although the answer of when it happened can vary, most people agree that the baby boom occurred around 1946 and 1964. [24] 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.
The Silent Generation, also known as the Traditionalist Generation, is the Western demographic cohort following the Greatest Generation and preceding the baby boomers. The generation is generally defined as people born from 1928 to 1945. [1] By this definition and U.S. Census data, there were 23 million Silents in the United States as of 2019.
"The baby boom generation has started to retire with a record $76 [trillion] in net worth," Yardeni writes. "They are spending on restaurants, cruises, traveling, and healthcare.
Most (65%) millennials and Gen Zers are concerned about baby boomers’ influence on their financial future, according to a new survey by OnePoll on behalf of National Debt Relief that polled ...
The housing world is a bit of a generational war zone, mostly between baby boomers and millennials. Baby boomers make up more than a third of all homeowners, and more than half don’t even have a ...
A generation gap or generational gap is a difference of opinions and outlooks between one generation and another. These differences may relate to beliefs, politics, language, work, demographics and values. [1] The differences between generations can cause misunderstandings, but it is possible for generations to overcome their differences and ...
A fifth of Americans over 50 lack adequate retirement savings, and many of those who do have savings worry they'll outlive what's in the bank. Monthly Social Security checks aren't enough for most ...