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The "Silver Tsunami" refers to the increasing number of baby boomers aging into senior citizen status. There are so many each year, many more than in the past, that they are already making a major impact on all facets of life in the United States and beyond - from real estate, savings concerns, reverse mortgage loans etc. to senior care needs, worry about the growing number of Alzheimer's Disease patients, retirement facilities, and more. Many believe that it will be an overwhelming issue in the decades to come bringing new financial advantages but also causing strains on an already overburdened economy.
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∙ 10y ago
The term "silver tsunami" refers to the demographic shift caused by the aging population of baby boomers. Just like a tsunami, the increasing number of older adults can have a significant impact on healthcare, social services, and the economy. The term highlights the potential challenges and opportunities that come with a large cohort of individuals entering old age.
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What are Baby Boomers also known as?
Baby Boomers are also known as the Me Generation or the Boomers.
What generation is before the baby boomers?
In recent years, the generation that immediately preceded the Baby Boomers has come to be called the "greatest generation." Yes and no. The generation in between WWI and WWII was called the Silent Generation. The Baby Boomers came after because of the returning GI's. The men and women who fought were the Greatest Generation.
What is the generation called before the baby boomers?
The generation before the baby boomers is typically referred to as the Silent Generation or Traditionalists. They were born roughly between 1928 and 1945.
What is the generation before the baby boomers called?
The baby boomers generation is comprised of people who grew up around the 1960s. The generation following them is often referred to as Generation X and is comprised of those born from the 60s until the 80s.
Are there more men baby boomers or women baby boomers?
There are slightly more women baby boomers than men baby boomers. This is due to longer life expectancy for women compared to men.
What were the newborns called after world war 2?
"Baby Boomers" .
What is a person called who is in their fifties?
Most are known as baby boomers
What is the generation called of people born in 1961?
People born in 1961 are typically considered part of the Baby Boomer generation.
What generation is before the baby boomers?
In recent years, the generation that immediately preceded the Baby Boomers has come to be called the "greatest generation." Yes and no. The generation in between WWI and WWII was called the Silent Generation. The Baby Boomers came after because of the returning GI's. The men and women who fought were the Greatest Generation.
What are characteristics of baby boomer generation?
Some characteristics of baby boomers generations are achievers, explorers, goal oriented, and self-sufficient.
What are echo boomers?
Echo boomers are a large group of people born after the baby boomers generation. It is the largest group since the baby boomers.
How were baby boomers impacted by World War 2?
Baby boomers were indirectly impacted by World War 2 as it led to economic prosperity and increased opportunities for their parents, resulting in better living standards and educational opportunities for the baby boomers. However, some baby boomers may have been directly impacted if their parents were involved in the war, leading to potential family disruption and loss.
A huge group of babies born between 1946 and 1964 are called?
baby boomers
What is the generation before the baby boomers called?
The baby boomers generation is comprised of people who grew up around the 1960s. The generation following them is often referred to as Generation X and is comprised of those born from the 60s until the 80s.
Baby boomers affect demand for McDonald's?
Baby boomers, as a large demographic group, have historically been a significant customer base for McDonald's. Their dining preferences and behaviors can influence demand for products offered by McDonald's. This impact may vary depending on factors like changing tastes, health consciousness, and economic conditions.
What was the first wave of the population explosion that followed war world 2 called?
The Baby Boom
What were the kids born between late 1940s and early 1960's called?
The baby boomers.
