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Retirement Of The Baby Boomer Generation

3286 words - 13 pages

Retirement of The Baby Boomer Generation

Our children are our future; our seniors are our foundation (Wissel L. 2000).
Fifty five million Americans are age fifty five and older, according to the United States Census Bureau, of that number, thirty five million are age sixty five and older. By the year 2030, the sixty five and older population will double to seventy million, and the fastest growing segment of the older population is age eighty five and older. The baby boomer generation will soon reach the retirement age, and expected to redefine old age. Just as they have redefine every stage of their lives because boomers will be the largest generation of elderly, they will impact everything from housing to health care as the market and society caters to their wealth, longevity, and interest in new technology (Dytchweld K. 1999). The baby boomer generations also the first to have the luxury to examine personal issues and raise questions concerning work, health care, technology, politics, and social and moral issues (USA Today Magazine, November 19, 1999).
No other generation reflects the complex world we live in today. The baby boomers have left their indelible mark on America’s social landscape. The baby boomers created pop culture and a new form of political activism (Breaux J. November 1999). Education, medical advances, and technology afforded more freedom and independence. Soon America will look different; the average age of the population will go up to fifty-five. The baby boomers will have the benefits and face the challenges of longevity. Can America afford the social, medical, and political issues the aging baby boomers demand? Will our transportation system ensure more old drivers have safe alternatives? How will our national housing policy adapt to the senior boom? How about the pension and financial plans that allow older Americans to move in and out of retirement (Breaux, J. November 1999). The size and distinct characters of the baby boomers will not only create a sense of urgency to current issues, but also create a whole new set of aging issues.
Among the many cultural contributions of the baby boomers along with the free love, the drug scenes and Grateful Dead ties, was the concept of generation gap (Veith G.). In every other culture and throughout history, children were socialized to be adults. When children grew up they took their parents places, roles and their values. There was no separate subculture, no music and fashion to set off the younger generation from their parents. Children were dressed, for the most part, like little adults, but in the mid twentieth century, American culture became stratified along generational lines (Veith G.). The generation prior to the baby boomers, after World War II, had extra ordinary prosperity and better living through technology, may have spoiled their children a little. The baby boomer generation never concentrated on learning their parent’s skills and disciplines, but worked hard...

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