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The term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
The term baby boom refers to a noticeable increase in the birth rate. The post-World War II population increase was described as a "boom" by various newspaper reporters, including Sylvia F. Porter in a column in the May 4, 1951, edition of the New York Post, based on the increase of 2,357,000 in the population of the U.S. from 1940 to 1950.
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]
Between the late 1970s and the early 1980s, the economy went through a rough period disrupted by the energy crisis and stagflation. ... The key homebuying years for baby boomers were from the mid ...
With the Great Wealth Transfer underway, it’s expected that by 2045, roughly $84 trillion will be passed down from the silent generation and baby boomers to their kids. And a lot of this will be ...
The full retirement age — that is, the time when you can collect your maximum Social Security benefits amount — is 66 or 67, depending on when you were born.So for baby boomers, the generation ...
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 ...
On the other hand, baby boomers ages 60 to 65 were significantly less optimistic. Among this group, 40% of renters and 38% of homeowners said they were worse off than four years ago. While most ...