Wednesday, November 26, 2008

4 Million U.S. Baby BOOMers Turn 50 in 2008

Another boomer turns 50 every 8.5 seconds.
WOW! Is that possible?
The year 1957 was the "peak" year for the number of births in the U.S. Now using data from 50 years ago - 1958 - when 4,255,000 boomers were born:Let's suppose that some of them have not made it this far, so let's round it down to 4,000,000. (That's just an estimate). So, a bit more than 4,000,000 will turn 50 in 2008. Here is the breakdown of people turning 50 in 2008:
per year:
per day (4.0 mil / 365):
per hour (10.6 k / 24):
per minute (456 / 60):

Defining What A Baby BOOMer Is

Generally speaking, baby boomers are defined as being those folks born between 1946 and 1964, inclusive...Boomers are between the ages of 44 and 62 years old in 2008. Approximately 75 million boomers live in the U.S. and currently represent about 29% of the U.S. population; in Canada, they are known as "Boomies" (6 million); in Britain, they are known as "The Bulge." The term is used to define the "boom" in births after WWII. A Boomer Stats page identifies the number of U.S. births during the 1940s, 1950s and 1960s. The 1960s is the decade that defined the boomers. The music, events, and the social changes made a permanent impression on us. Those of us born during the "peak" boomer years, '52-'57, were in our formative years during the sixties. There were so many changes in the sixties that how old you were during the decade greatly affected how you turned out. 1961 was a whole lot different from 1969!



Many of us are committed to marriage and are still happily married to our high school sweethearts. And many of us have been married and divorced... more than once. We are the generation that pushed the divorce rate up to 50%... and made it seem "normal" and thus acceptable.

Many of us went to work for a company, worked our way up the ladder, and are now enjoying the fruits of our labors. We will retire in a few years, and live a life of leisure, or embark on a second career. But many of us are entrepreneurs, and have never worked for a big company. Many of us plan never to retire.