Boomer Bust?: Economic and Political Issues of the Graying by Robert B. Hudson

By Robert B. Hudson

Seventy-six million child Boomers are careening towards retirement within the usa. Demographic shifts towards getting older populations are occurring round the Western global, as quite a few factors―biological, technological, scientific, and sociocultural―are extending lifestyles spans. in the meantime, delivery charges are declining. The scaremongers argue that this generational shift goes to be disastrous: it is going to bring about skyrocketing tax premiums, decrease retirement and future health merits, larger inflation, elevated unemployment and poverty, political instability, and a bunch of different societal ills. yet will it? In Boomer Bust?, Robert Hudson assembles prime authors from fields akin to economics, political technology, and finance to split truth from fiction, spotlight the phrases of dialogue, and exhibit cutting edge rules that may hinder catastrophe from occurring.

From issues like Social safety to older humans rejoining the staff to the aged as a political foyer, this two-volume set covers the gamut of monetary, political, monetary, and enterprise matters regarding getting older. The Boomer iteration will go away one of many biggest footprints the realm has but visible. In retirement, as in all else, this new release is blazing a direction affecting succeeding generations profoundly. Boomer Bust? charts a course during the thicket of non-public and public coverage offerings dealing with not only child Boomers yet all of society.

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Moreover, mortality differences continue to affect survivorship throughout adulthood. Consider that white female boomers born in 1957 and fortunate enough to survive to the age of 46 in 2003 are expected to live another thirty-six years, whereas African American female boomers can expect to live an additional thirty-three years. White male boomers had a life expectancy of thirty-two years at age 46, while African American male boomers could expect, on average, only twenty-eight years of additional life (Arias 2007).

Butrica. 2007. Are we taking full advantage of older adults’ potential? Perspectives on Productive Aging, No. 9. pdf. This page intentionally left blank 2 Boomer Diversity and Well-Being: Race, Ethnicity, and Gender JAN E. MUTCHLER AND JEFFREY BURR B etween 1946 and 1964, 76 million children were born in the United States as part of an upswing in births that began at the end of World War II and continued for almost twenty years (National Center for Health Statistics 2002). The ‘‘baby boom’’ cohort is now firmly embedded in midlife, with members of this generation being between 42 and 60 years of age in 2006.

H. Munnell, and A. Eschtruth. 2007. The social security fix-it book. Boston: Trustees of Boston College. html. , and J. Shoven. 1997. The consequences of population aging on private pension fund saving and asset markets. In Public policy toward pensions, ed. S. Schieber and J. Shoven, 219–45. Cambridge, MA: MIT Press. Schulz, J. , and R. H. Binstock. 2006. Aging nation: The economics and politics of growing older in America. Westport, CT: Praeger. Siegel, J. 2005. The future for investors. New York: Crown Business.

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