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Because the Baby Boomers came of age during a time of reliable contraception and legal abortion, their children—the Millennials—were wanted and planned. Boomers typically had fewer children than previous cohorts and invested more in each child. By the 1980s and 1990s, parenting in the United States had become more competitive. [165]
The oldest Baby Boomers, a large demographic cohort, had started to reach retirement age in the 2010s. [40] By the early 2020s, about one in six Americans are 65 or older. [55] In 2020, the median age of the United States is 38.8, up from 37.2 in 2010, [43] 35 in 2000, and 30 in 1980. [56]
Also, by 1955, a majority of U.S. households had at least one television set, [10] and so unlike Leading-Edge Boomers born from 1946 to 1953, many members of Generation Jones (trailing-edge boomers) have never lived in a world without television—similar to how many members of Generation Z (1997—2012) [11] [12] have never lived in a world ...
Boomers in the 45-54 age group had a median net worth of about $265,000 in 2007, after adjusting for inflation. The contrast suggests Generation X has struggled more than other age groups to ...
According to a recent survey from Off CivicScience: “61% of age 55+ people say they won’t be able to retire by 65,” with many of them falling into the categories of Gen X — those people ...
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 ...
They are currently the backbone of the American workforce, making up the largest portion at 38%, [13] especially as Gen X and boomers continue to age out of the workforce. 73 percent of millennials reporting working more than 40 hours a week and nearly a quarter work more than 50 hours a week.
Those newcomers accounted for 3.02% of the city's total population over the age of 1. Boomers now comprise 16.6% of the Orlando community, with a total of 51,927 individuals. ... baby boomers now ...