Baby Boomer Statistics: Birth and Retirement

People want to know about baby boomer statistics because the baby boomer generation is part of every single aspect of America today. Those that are of baby boomer ages are people born between 1946 and 1964. They continue to lift history as they have throughout their lives.

These are the teens of the 60s and 70s, and everyone knows what type of impact those years had on our society. The baby boomers generation are also the Yuppies of the 90s, when the Internet took off and changed the way all of us look at our world.

Baby boomers statistics show that we make about $2 Trillion per year, have wealth of $7 Trillion, and 77% of all U.S. assets are owned by Boomers. We are also in control of 50% of government and private organizations. Needless to say Baby Boomers are a force.

So now the earliest of this generation are beginning to retire in mass. But many, because of their way of thinking and significant abilities are finding that baby boomer retirement is just a new chapter in a life of accomplishment. Boomers are more likely to focus on independence during their older years. It is engrained in their way of thought and because of the significant wealth accumulation; they will be able to maintain that independence well into their later years. You see, boomers still have a lot of energy and youthful exuberance and it will show in how our society norms adjust over the next 20 years.

Here are some other Interesting Baby Boomer Statistics:

• During the baby boomer years, about 76 Million people were born
• About 28% of the American population are boomers
• 1957 was the largest year of births up to that point, with about 4.3 Million people being born
• About 85% of Baby Boomers expect to continue working after Retirement
• About 15% Boomers say they will never retire
• Here is an interesting one… 55% say once they retire they want to work in a “different” profession

As I mentioned, boomers are a self sufficient lot. As such, they see themselves as having careers well into their older years, and having plenty when they do retire. They also see themselves as potentially taking care of their children, where the previous generations lended themselves to the thoughts that older people are taken care of by their children. This is a large shift in societal thinking.

One of the things boomers need to address is health care. No matter how much energy and youthful exuberance boomers have they will still need a good baby boomer healthcare system to be able to address the needs of active older people. The system needs to robust enough to address the significant amount of people entering baby boomer retirement.

Remember also that the boomers have had children. As such, there is another wave of Boomers right after these years called Generation X… they are the children and siblings of the original wave. The first wave came from an explosion after the Second World War, and the second wave follows. For this reason, these birth rate explosion waves must be realized and dealt with within society.

There are many interesting and society changing precepts associated with the baby boomer generation. I hope you found these baby boomer statistics helpful and interesting.