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High Point welcomed 3,051 new residents from the baby boomer generation in 2022. In total, the city's 26,023 baby boomers comprised 22.9% of the overall population over the age of 1.
As baby boomers age out of the workforce, many continue to be sustained by traditional defined benefit (DB) pension plans. The next cohort, Generation X , will face new and difficult challenges ...
For as long as I’ve been a business owner, the narrative surrounding the baby boomer generation was all about the coming retirement wave. We were promised a mass exodus from the workforce, a ...
5 Gen Xers share what it’s really like to plan for retirement: ‘My generation is going to have a harder time than boomers’ Alicia Adamczyk January 21, 2024 at 9:00 AM
Add on a lack of savings — for the 30.4 million Americans turning 65 between 2024 and 2030, more than half have assets of less than $250,000 — and the need to take retirement seriously becomes ...
Generation Jones is the generation or social cohort between the Baby Boom generation and Generation X. The term was coined by American cultural commentator Jonathan Pontell, who argues that the term refers to a full distinct generation born from 1954 to 1965. [ 1 ]
The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...
"The 401(k) transition looms large for Gen X and working baby boomers, and many working Americans have taken a long time to adapt to the new retirement system—some too long," Goldman's report notes.