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SpinDistribute.com Article Directory

The following article was published in our article directory on August 2, 2012.
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The Baby Boomers Generation: Some Relevant Facts to Know

Article Category: Marketing

Author Name: Boby Lepa

After World War II ended many people have lost their lives and population rapidly declined. That is when people started procreating more rapidly than ever to replace the population. The boom in population occurred from the years 1946 up to 1964 and the product of this boom are called the baby boomers generation. "Baby boomers" was the term given to those who were born during this generation. They are known as the babies were born every single minute.

Baby Boomers Statistics

There are some baby boomer statistics records regarding them and how they can affect society. For one, from January 1st of 2011 onwards, more than 10,000 of the baby boomers population worldwide will reach the age of 65. This means that each day, about 10,000 people from the work force will retire and would leave about 10,000 vacant positions that the younger generation ought to fill.

Another statistical record that is socially significant would be when people start claiming Social Security benefits. About 3 out of 4 people in the world started claiming Social Security benefits each day once they reached the age of 62. Most people who are part of the baby boomers generation are doing this out of necessity which would mean that they are entitled to a lower payout than they would have gotten if they kept those benefits for a longer period of time. This is socially relevant since this means that many people from that generation are not financially stable which could also mean that the government giving out more funds to protect the elderly population when the time comes.

Baby Boomers Traits and Characteristics

People from the baby boomers generation are known to workaholics. The world post World War II was not in a very good condition and it took many years before each destroyed country was reconstructed. This is why the people from this generation experienced hardship and worked continuously to enjoy the perks and privileges that they are experiencing nowadays. This is probably the reason why they want the generation of today to work hard as well to achieve the life that they want to have.

One of the best baby boomer characteristics is being autonomous. This is something that people of the new generation should also learn. They grew up in an era of restoration thus they learned the hardships of life and knew that being independent is a must if they want something in life. Being independent kept them goal-oriented and to strive harder to achieve it.

Baby Boomers Health and Retirement

Many of the people from the baby boomers generation would soon be retiring and this would also affect the healthcare industry. Many baby boomer retirement plans will be paid out and baby boomer health conditions will start to perish. Most of the allotted money from their retirement plan will eventually go to health care as they will need to get regular check-ups from this moment onwards. This also means that more professionals are needed in the healthcare industry to suffice the growing needs of the population.

The baby boomers generation is one tough era to live in. But despite the many hardships countries had to encounter back then to restore themselves, it instilled some good characteristics and traits to this generation which made them stronger and strive harder to achieve their dreams.

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