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Using their own definition of baby boomers as people born between 1946 and 1964 and U.S. census data, the Pew Research Center estimated 71.6 million boomers were in the United States as of 2019. [75] The age wave theory suggests an economic slowdown when the boomers started retiring during 2007–2009. [76]
In Western culture the Boomerang Generation refers to the generation of young adults graduating from high school and college in the 21st century. [1] [2] [3] They are so named for the percentage of whom choose to share a home with their parents after previously living on their own—thus boomeranging back to their parents' residence.
Mannheim defined a generation (note that some have suggested that the term cohort is more correct) to distinguish social generations from the kinship (family, blood-related generations) [2] as a group of individuals of similar ages whose members have experienced a noteworthy historical event within a set period of time.
Generation Jones is noted for coming of age after a huge swath of their older siblings in the earlier portion of the Baby Boomer population; thus, many note that there was a paucity of resources and privileges available to them that were seemingly abundant to older Boomers.
Once a reliable group for Republicans, senior voters have been trending toward the left as the baby boomer generation, which came of age during the 1960s and ’70s, now comprise a majority of the ...
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But for most baby boomers, the most important are the first five years, according to a YouTube video from Safeguard Wealth Management. Relative Youth and Strong Finances Mean Spending Confidence
The authors describe each turning as lasting circa 21 years. Four turnings make up a full cycle of circa 85 years, [45] which the authors term a saeculum, after the Latin word meaning both "a long human life" and "a natural century". [46] Generational change drives the cycle of turnings and determines its periodicity. As each generation ages ...