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Baby boom. A baby boom is a period marked by a significant increase of births. This demographic phenomenon is usually ascribed within certain geographical bounds of defined national and cultural populations. The cause of baby booms involves various fertility factors.
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.
The US Census Bureau defines baby boomers as those born between mid-1946 and mid-1964 (shown in red). [2] The middle of the 20th century was marked by a significant and persistent increase in fertility rates in many countries of the world, especially in the Western world. The term baby boom is often used to refer to this particular boom ...
"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.
About a decade ago, the roughly 71.6 million men and women of the postwar baby-boom generation began reaching retirement age. It's going to take about another dozen years before the whole ...
Baby boomers' wealth is an "underappreciated" risk to the economy, a portfolio manager told BI. That's because they could be heavily impacted by swings in stock and home prices.
During the baby boom years, between 1946 and 1964, the birth rate doubled for third children and tripled for fourth children. [29] The total fertility rate of the United States jumped from 2.49 in 1945 to 2.94 in 1946, a rise of 0.45 children therefore beginning the baby boom.
Baby Boomers. Next up is the baby boom generation, born from 1946 to 1964, whose name can be attributed to the spike in births — or “baby boom” — in the U.S. and Europe following World War II.