close
test_template

Baby Boomer Statistics on Birth, Retirement and Empty Nestling

download print

About this sample

About this sample

close

Words: 618 |

Page: 1|

4 min read

Published: Jan 15, 2019

Words: 618|Page: 1|4 min read

Published: Jan 15, 2019

The baby boomer generation plays a significant part in almost every aspect of today’s America. They made an impact to every age cluster they get to belong. Baby boomers have the diverse potentials that uplifted their group in history.

Fast statistics show that the fifty plus age group of baby boomers are earning roughly two trillion dollars, in control of more than seven trillion dollars of wealth and own 77% of financial assets in United States. That is not all, baby boomers also grip 50% of the discretionary powers in both government and private organizations.

Baby boomers are interesting subjects to tackle-their power to do, their immense abilities and their emotions. And since the baby boomer generation is now ranging at the age of 42 to 60 years old, they are facing the issues of retirement. It is fascinating to discover how baby boomers envision their old age, their retirement plans and the thought of being empty nesters. Empty nesting is the period in parents’ lives when their children start moving out to live their own lives. Sadly, aging parents are left by themselves, reviving the scenarios when they were just starting out a family as well. The difference is that they have consumed the energy and youth they used to be abundant of. While the baby boomers have a range of emotions toward empty nesting, they are most likely to play the brand name for them-the independent generation.

Furthermore in the poll conducted for baby boomers, the following are some key points which were uncovered: Considering the statistics of birth of baby boomers, the name of their generation was derived from the explosion of birth right after the World War II. At the span of the baby boomer years, roughly seventy-six million Americans were delivered to the earth. Currently, the population of baby boomers occupies twenty-eight percent of the whole populace in United States. Specifically by the year 1957, an estimated 4.3 million of babies were born in America. The number has outstood any other year before it. On the issue of retirement, baby boomers view this stage on its brighter side. Accordingly, most of the baby boomers plan to pursue a career after their previous career. Being involved in sole proprietorship or any self employed business is the popular choice. Seventy-five percent envision their retirement as the chance to devote leisure time with their children and grandchildren. This will result to more domesticated adults. However, of this poll, seventy-four percent feel freer upon retirement while fifty-seven percent claimed that they will only be freer when they become empty nesters. More than half of the baby boomers are confident that they will have enough money for leisure when they already retire. This means that less than half of them are not certain if they will live a comfortable life after retirement. These statistics greatly affects the issue on the empty nesting emotions.

Get a custom paper now from our expert writers.

When questioned about parenting, 71% of the baby boomers responded positively. For these baby boomers, parenting was a challenging task that marked many wonderful experiences for them. That is why when the empty nesting stage comes, baby boomers are more emotionally prepared. This is illustrated in the positive feedback of the 58% baby boomers who are readying for the time when their kids had to leave their territory for good. In parallel, a surprising twenty-six percent feel like they would be closer to their better halves when their kids are gone. The older the baby boomers are, the more emotionally stable they become. Most of the oldies in this generation have been ready to clear the nest. While the large percentage states a neutral emotion, baby boomers are more likely appreciative of freedom that they will soon be enjoying.

Image of Dr. Oliver Johnson
This essay was reviewed by
Dr. Oliver Johnson

Cite this Essay

Baby Boomer Statistics on Birth, Retirement and Empty Nestling. (2019, January 15). GradesFixer. Retrieved November 2, 2024, from https://gradesfixer.com/free-essay-examples/baby-boomer-statistics-on-birth-retirement-and-empty-nestling/
“Baby Boomer Statistics on Birth, Retirement and Empty Nestling.” GradesFixer, 15 Jan. 2019, gradesfixer.com/free-essay-examples/baby-boomer-statistics-on-birth-retirement-and-empty-nestling/
Baby Boomer Statistics on Birth, Retirement and Empty Nestling. [online]. Available at: <https://gradesfixer.com/free-essay-examples/baby-boomer-statistics-on-birth-retirement-and-empty-nestling/> [Accessed 2 Nov. 2024].
Baby Boomer Statistics on Birth, Retirement and Empty Nestling [Internet]. GradesFixer. 2019 Jan 15 [cited 2024 Nov 2]. Available from: https://gradesfixer.com/free-essay-examples/baby-boomer-statistics-on-birth-retirement-and-empty-nestling/
copy
Keep in mind: This sample was shared by another student.
  • 450+ experts on 30 subjects ready to help
  • Custom essay delivered in as few as 3 hours
Write my essay

Still can’t find what you need?

Browse our vast selection of original essay samples, each expertly formatted and styled

close

Where do you want us to send this sample?

    By clicking “Continue”, you agree to our terms of service and privacy policy.

    close

    Be careful. This essay is not unique

    This essay was donated by a student and is likely to have been used and submitted before

    Download this Sample

    Free samples may contain mistakes and not unique parts

    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    We can write you a custom essay that will follow your exact instructions and meet the deadlines. Let's fix your grades together!

    clock-banner-side

    Get Your
    Personalized Essay in 3 Hours or Less!

    exit-popup-close
    We can help you get a better grade and deliver your task on time!
    • Instructions Followed To The Letter
    • Deadlines Met At Every Stage
    • Unique And Plagiarism Free
    Order your paper now