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Baby Boomers

14th April 2012

I’m a baby boomer. I was born after my father, like millions of other soldiers, returned from serving in World War II. Not long after, he married my mother and they started their family. My wife is also a baby boomer and her family was started similarly.

The census bureau says that children born between 1946 and 1964 are considered baby boomers. Since I was born in 1949, I suppose that I’m at the leading edge of the baby boom generation.

Last week as I was returning from a trip to the West Coast, I picked up a copy of the Sunday Los Angeles Times.

I was literally stunned to read Tom Petruno’s article in the business section who presents this amazing fact: “every 24 hours for the next 19 years an average of 10,000 baby boomers will turn 65”*.

a baby boomer with daughter and grandchildren

Wow. Think about that number: 10,000 individuals every day for 19 consecutive years. Grab your calculator and do the math and you’ll see that 69 million of us will reach retirement age between now and 2030. Are any of you surprised by this fact?