Living up to the loudness of their name, the Baby Boomers have made waves ever since they were born—which most major research organizations peg between the years 1946 and 1964. There are about 76 million of these folks now, according to the United States Census Bureau, and demographers say that America is no more ready to handle them today than it’s ever been.
“The government has been wholly unprepared for the Boomer generation throughout history,” explains Braun Mincher, author of The Secrets of Money: A Guide for Everyone on Practical Financial Literacy. “When everyone came back from [World War II] and all of the babies were born, hospitals were not prepared. When these kids grew older…elementary schools didn’t have enough facilities or teachers. This has been the case all along the way.”
Category: Boomer Lifestyle