Baby Boomer

Baby boomers are the demographic cohort following the Silent Generation and preceding Generation X. The term "baby boomer" is sometimes used in a cultural context to refer to attitudes associated with the generation as a whole, especially in relation to social issues such as drug use, sexual liberation and rock music.

The term "baby boomer" was first used in 1970, by demographer Frank W. Notestein, to describe the post-World War II baby boom. The baby boom generation is generally defined as those born between 1946 and 1964, although some sources use slightly different dates.

The baby boom generation is the largest generation in American history, with an estimated 75 million people. This has had a significant impact on the economy, as the baby boomers have entered and left the workforce. The baby boomers are also the most educated generation in American history, and they have played a major role in shaping the culture of the United States.

As the baby boomers age, they are facing a number of financial challenges. They are living longer than previous generations, and they are facing rising health care costs. They are also more likely to be single or divorced, and they may not have as much savings as they need to retire.

The baby boomers are a significant force in the economy, and their financial decisions will have a major impact on the future of the United States. As they age, they will need to make decisions about how to save for retirement, how to pay for health care, and how to leave a legacy for their children and grandchildren.

Here are some additional facts about the baby boomer generation:

* The baby boom generation is the largest generation in American history, with an estimated 75 million people.
* The baby boom generation is also the most educated generation in American history.
* The baby boomers are more likely to be single or divorced than previous generations.
* The baby boomers are facing a number of financial challenges, including rising health care costs and the need to save for retirement.
* The baby boomers are a significant force in the economy, and their financial decisions will have a major impact on the future of the United States.