Statistically, baby boomers are the largest generation in American history. They number around 77 million and handle a significant amount of the wealth and spending capability of the economy. As this age group enters retirement, the changes in their spending power are likely to generate a noticeable effect on the economic system as a whole.

Baby boomer statistics reveal a good deal about this enormous and significant generation. To begin with, those designated as baby boomers are the product of the "baby boom" which was a steep rise in the birthrate in the United States, North America, and much of western Europe following World War II. Baby boomers are often further divided into two groups. A first cohort simply called "baby boomers" are those born in the first half of the period between 1946 and 1964, while those born in the second half of the period are called "Generation Jones."

The "Generation Jones" nomenclature comes from the writer and journalist Landon Jones who coined the word baby boomer in his book "Great Expectations: America and the Baby Boom Generation." Generation Jones members would have no memories of wars until the outbreak of the conflict in Vietnam.

One of the most substantial of baby boomers statistics is their sheer size. Baby boomers number just about 77 million individuals. Because of their figures they obviously play a very large role in politics, the economy, and the culture itself. As they now are passing beyond middle age, they will mean greater demands for geriatric medical care and much more strain on entitlement programs such as Medicare insurance and Social Security.

The economic impact of the baby boomers cannot be ignored. In the United States alone, over 50% of the discretionary spending power rests with the baby boomers and they are accountable for over half of all consumer spending. In the area of medical care, baby boomers purchase 61% of non-prescription medications and an astonishing 77% of all prescription drugs. Even their vacation habits play a big role in the economy with boomers accounting for around 80% of all leisure travel.

With baby boomers beginning to get older and approach and enter retirement, there are issues that their reduced spending power may have a negative impact on the economy. And also the baby boomers are aging. Roughly a baby boomer in the United States turns 50 every 8.5 seconds! There's no question that these "Golden Boomers" are likely to affect all areas of American life now and for nearly the next twenty years.

The Age Of The Baby Boomers And Significant Transformations
The age of baby boomers has included massive changes in both the social structure and in the development of science and technology. Baby boomers have experienced radical alterations in human rights and in the necessity for protecting the environment.

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Impact Of Digital Age On Generations X And Y
Generations X and Y vary greatly in size, with generation Y being much larger. Both generations are well into the age of computers and cellphones with generation Y used to them from their births. Both generations face the uncertainties caused by a shortage of jobs from downsizing

Main Concerns That Most Baby Boomers Face
The members of the country's largest generation are now at middle age or beyond. As baby boomers age, they will be faced with adapting to the needs and demands of their age groups. Aging means responding to both financial and physical changes that need to be addressed.

The Trials And Difficulties Of The Baby Boom Generation.
The more than 77 million members of the baby boom generation have experienced paradigm changes in the social structure and technology. Born between 1946 and 1964, the baby boom generation has experienced the stresses of the Cold War, the social unrest of the civil rights, women's and environmental movements.

What You Mean By Baby Boomers Generations
The baby boomer generations can be divided into the initial group of people born in the first half of their generation and the "Jones Generation" born in the second half. More recently, the "Golden Boomers" have been identified as those in or nearing retirement.

Current Issue Of The Millennial Generation
Roughly the same size as the baby boomer generation, the millennial generation of about 78 million represents an echo of that baby boom. They are a demographic whose lives center around advanced technology. This generation is likely to have several changes in careers during their working years.

Baby Boomers Retirement - Heading South For The Golden Years
The time has finally arrived for the beginnings of the baby boomers to reach retirement age. The first cluster of baby boomers is reaching 65 and the traditional age of retirement. Through the financial success of their generation, many have been able to take an even earlier retirement.

The Generation Baby Boomers
The baby boomers generation is one of the largest in history. From 1946 through 1964, over 3 million babies a year were born to Americans. The current number of baby boomer is estimated at approximately 77 million individuals. Their ages range currently from the mid 40's to the mid 60's.