baby boomer


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Related to baby boomer: Generation Y

baby boomer

An American person born during the "baby boom" following World War II, between the years of 1945 and 1965, during which the population of the United States increased by 40 percent. Typically used to describe members of this generation, who have been associated with economic prosperity, consumerism, self-indulgence. Primarily heard in US. Since baby boomers represent such a large percentage of the population, financial experts are concerned about the impact their retirement will have on the economy.
See also: baby, boomer

a ˈbaby boomer

(American English also a ˈboomer) a person born during a period when many more babies are born than usual (called a baby boom), especially after the Second World War: The new President was a baby boomer, born in the 1950s.
See also: baby, boomer

(baby) boomer

n. someone born during the baby boom—from the last years of World War II until the early 1960s. When the baby boomers get around to saving up for retirement, you’re going to see a lot of investment scams.
See also: baby, boomer

baby boomer

One of approximately 77 million persons born during the two decades following the end of World War II (1945). In 1951, a New York Post columnist Sylvia Porter is thought to have been the first to call the large postwar increase in births a “boom.” The return of veterans and the expansion of the economy with higher incomes are some of the factors accounting for the increase. Healthier and wealthier than previous generations, the baby boomers to some extent rejected traditional values and embraced social and cultural change. Their identity as a group was indicated by Time magazine’s choice of the Baby Boom Generation as its 1966 “Man of the Year.” Aging baby boomers, so characterized after they reached the age of 40, are still named by the cliché. A June 13, 2010, article by Patricia Cohen in the New York Times said, “Baby boomers have long been considered the generation that did not want to grow up, perpetual adolescents even as they become eligible for Social Security.”
See also: baby, boomer
References in periodicals archive ?
Baby boomers have followed well-established, age-related migration patterns, but at times have shown more of a preference for rural destinations than older and younger cohorts.
Millennials are most likely to have a disaster recovery plan in place (51 percent), versus Generation X (30 percent) or baby boomers (29 percent).
Another reason to give Baby Boomers a second look is the fact that many in this age group are on the cusp of a new stage in their lives.
Those numbers may also impact the retirement confidence levels of Millennials versus Baby Boomers. Fifty-seven percent of Millennials say they feel "in control" of their financial future, compared to 41 percent of Baby Boomers.
Annual Gross Yield Top 5 Markets for Renting to Baby Boomers Pasco County, Fla.
"No baby boomer has a completely original idea, but after 13 years on 'Today' and another 11 on 'Dateline,' almost 30 years total at NBC, I felt the urge to find out what was 'behind the camera.' I had the feeling there was 'something more,' though 'more' might be less."
Born between 1946 and 1964, the 80 million baby boomers in the United States "have been largely unaddressed by marketers and advertisers since they started to age out of the popular 18-49 cohort," according to "Introducing Boomers: Marketing's Most Valuable Generation," a 2012 report from Nielsen and BoomAgers, both of New York.
"Baby boomers have saved more money for retirement than any generation in history," Finke, a professor of personal finance at Texas Tech University, said at the outset of "The New Retirement Reality."
Organisations are not adequately prepared for the cultural changes that will occur as executives from the baby boomer generation retire and are replaced by their Generation X and Y counterparts, a study has found.
2013 Baby Boomer 25% Generation X 38% Millennial 35% 2020 Baby Boomer 16% Generation X 34% Millennial 46% 2025 Baby Boomer 11% Generation X 26% Millennial 54% Source: Boston Consulting Group, "Traveling With Millennials" Note: Table made from pie chart.
The CDC encourages clinicians to promote hepatitis C testing to their baby boomer patients.
The baby boomer generation, which happens to include a large portion of the population, is starting to become eligible for Medicare.
If the national real estate market behaved as Coldwell Banker brokers say their baby boomer clients do, a recovery would be in full force.