With 65 % of the population being Baby-Boomers, what do you think will happen when they retire ?
It has been stated over and over that the population consists of 65 baby-boomers, with many of these people are retiring now. The medical, social security, retirement funds and increased costs, what do you think will happen to the economy, the banks, the hospitals, the job market, retail and taxes?
I believe this is another case of Y2K where everyone is exaggerating a pending "doomsday scenario" that will not occur as predicted.
Unlike previous generations of senior citizens the "baby boomers" for the most part have not been in a rush to embrace old age and retirement. In fact membership in AARP has dropped over the years.
The image of old men sitting on a porch in rocking chairs playing checkers and smoking cigars while old women dressed in aprons are pulling cookies out of the oven to feed grandchildren does not fit today's senior lifestyle.
We're going to the gym, having cosmetic surgeries, starting new businesses or second careers, and working beyond the age of 65. We're healthier, living longer, and leading (productive) lives. Tony Bennett is still recording and touring at age 87. Betty White is 92 and still acting. Mick Jagger is 71 and still touring with the Rolling Stones rock and roll band, Paul McCartney will be 72 next month and is also still recording and touring. With a lower population of younger people there will be less pressure to push the elderly citizens out to pasture.
Check out Raquel Welch at age 73. Not bad at all! :-)
The paradigm of old age as retirement, decline/decay,and retreating from society is dying fast.Old age is spicy & Baby Boomers are MAKING it MORE SPICY.Old people are HIP,dressing stylish & living a FULL life. Old is NOW ever evolving and gro
Some seniors are doing all of the things mentioned here, but most really are not. Those who are young retirees, yes...if their health is good, but many suffer debilitating health issues that do not allow them to be active, etc. Don't be fooled.
TIMETRAVELER2, I can only speak about where I live and the people who run in my circle. We're all going to the gym, jogging, pursuing dreams and living life to the fullest. The last thing on our mind is waiting for Social Security $$$
Age NEVER precludes one from pursuing dreams.Further one's education, get in shape,eat healthy,get some restorative alterations to one's looks,TRAVEL,pursue a NEW/UNUSUAL hobby.There's so much for 65+ ppl to DO besides waiting for SS!Old old is GONE!
Baby Boomers are one of the YOUNGEST older generations in history. While some Baby Boomers will permanently retire, there are others who will reinvent themselves by returning and/or furthering their education and having second, even third careers. We Baby Boomers AREN'T going into the sunset. While our parents, the GI generation of World War II, went into retirement communities however still remaining active, we Baby Boomers are going to the NEXT level. We will become MORE INVOLVED in our communities than our GI generation parents. We will reinvent the definition of old age as we have reinvented the previous stages of childhood, adolescence, young adulthood, and middle age.
Baby Boomers will continue to be involved in the world around them. We refuse to become......old. To us, 65 and beyond is yet a new and exciting stage of life. Baby Boomers are exploring new methods of being youthful through medical enhancements, medical care, healthful food, and exercise. Being actively engaged in life is one of the ways one does not become old in the more traditional sense physically, economically, and psychically. Besides, Baby Boomers are one of the most affluent and educated of all modern generations. This means that many Baby Boomers have retirement investments and savings beyond social security i.e. many do not have to depend solely upon social security to live.
Baby Boomers are also one of the healthiest generations alive and many practice preventive care. Being 65 and over does not necessarily mean declining health. As far as the economy goes, Baby Boomers are quite affluent and have much spending power thus being a boost to the economy. Baby Boomers AREN'T going anywhere, we will be still ACTIVE in our communities, contributing to the economy in one way or another, and perhaps working in one way or another. Life is exciting and becoming older in no way precludes living and participating fully in life. The old paradigm of being in eventual decline and decay once one hits 65 years of age and over is vanishing........and FAST. One can be 65 years of age and over and still be WITH THE PROGRAM and IN THE GAME.
I am near 60 and REFUSE to think of myself as old. Hell, I have plenty of things to still do. I will succumb to the old paradigm of being 60 years and over is the so-called beginning of decay, leading to death. I see this stage of life as GROWTH and RENEWAL. I intend to dress as sexy as possible, even buying a halter dress. As we speak, I am dancing to Kool and the Gang!
Considering the direction the country has been headed since the 1930, I no longer think there is a future of prosperity for Americans. There will be a necessary roll back of all the old people welfare that has been promised from the 30's to the present. I no longer believe retirement will be permitted for anyone but those who privately fund their own.
We have created and continued an unsustainable welfare state rooted in the most egregious scam in the history of America. If a private individual had created Social Security, he would have been locked up and the key thrown away.
There is certainly going to be a greater strain on entitlement programs from an aging population. There are both positives and negatives to this. As a large number of people leave the labor force, that could also create opportunity in the labor force for many that now have difficulty finding work. Ultimately, as Japan has taught us...and aging population comes with more negatives than positives economically speaking. One major difference between the US and Japan is they have a totally closed immigration policy. While ours is almost the complete opposite. If the US could get some sensible controls around immigration without shutting down the whole process...that could greatly improve the economic impact of an aging population. Unfortunately, that isn't likely going to happen soon.
by cdonnaj 13 years ago
Are baby boomers considered middle age or senior citizens?
by Dr Freddie Haddox 13 years ago
Consider this, the number of older people that will be alive (and maybe not so well), within the United States of America, and in other world societies will become so great, sooner that later, that systems, medical and otherwise will not be available to care for them all. What do we do as a global...
by Kate MacAlpine 11 years ago
Baby Boomers: What moral codes do you carry with you from the 60s when you were in your 20s?Baby Boomers were born b/t 1946 and 1964. The Vietnam War and Environmental Movement played a great role in shaping our ideas, many of which seem to have been strict moral codes that we imposed upon...
by SpanStar 9 years ago
Do you have any views on what you feelings about the Baby Boomer Generation Dying Out Soon To Be Another Chapter In America's History?
by Grace Marguerite Williams 10 years ago
What makes people consider those 60 years old and over finished and washed up?Why this hatred of older people in our society? Don't people realize that age is just a number and that each day regardless of age is a new beginning, never the end? Someone can write a hub on this!
by Grace Marguerite Williams 13 years ago
Baby Boomers throughout history have defined events and added new dimensions to social mores. Because of us Baby Boomers, there were greater liberalization of gender roles, sexuality, career, and socioeconomic opportunities. Hell, we even defined middle age. To us Baby...
Copyright © 2025 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2025 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |