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Baby boomers, often shortened to boomers, are the demographic cohort preceded by the Silent Generation and followed by Generation X. The generation is often defined as people born from 1946 to 1964 during the mid-20th century baby boom. By this dating, the youngest of them will become 61 in 2025, while the oldest will become 79 in 2025.
Baby Boomer originated spending averages over $548 billion annually, and their cumulative holdings are estimated to be $78.5 trillion as of early 2024, which is more than half of the entire US ...
Baby boomers now hold an unprecedented share of the nation's wealth, with those born during this specific period now officially holding approximately 51.8% of U.S. wealth as of the early 2020s.
Generation X (often shortened to Gen X) is the demographic cohort following the Baby Boomers and preceding Millennials.Researchers and popular media often use the mid-1960s as its starting birth years and the late 1970s as its ending birth years, with the generation generally defined as people born from 1965 to 1980.
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 ...
Baby boomers are the largest generation to retire. However, a Stanford Center on Longevity study found that the median amount boomers have in tax-advantaged plans is $290,000 for early boomers ...
In 2011, the children of baby boomers made up 27% of the total population; this category was called Generation Y, or the "baby boom echo". The fertility rate of the generations after the baby boomers dropped as a result of demographic changes such as increasing divorce and separation rates, female labour force participation, and rapid ...
“Many boomers prefer to read the news the old-fashioned way, holding a paper in their hands,” Kleeman said. “This habit can cost them $10 to $30 monthly, while we’re mostly scrolling ...