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Baby Boomers shaped our Past. Watch how they shape our Future-

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Silence Dogood Donating Member (215 posts) Send PM | Profile | Ignore Wed Mar-28-07 09:52 AM
Original message
Baby Boomers shaped our Past. Watch how they shape our Future-
TEN THINGS YOU MAY NOT KNOW ABOUT BOOMERS

No. 1

The number of baby boomers in America is estimated at 78.2 million.

No. 2

Approximately 7,918 Americans turn 60 each day. That’s about 330 every hour or more than four million a year in 2006.

No. 3

Within 20 years, the age profile of America will match that of Florida – about one in five Americans will be older than 65.

No. 4

Boomers who reach age 65 in 2011 can expect to live, on average, at least another 18 years.

No. 5

Four out of 10 boomers have less than $10,000 in retirement savings.

No. 6

One-third of boomer households today have at least $100,00 in investable assets.

No. 7

About one-third of baby boomers think they will have enough money to live comfortably once they retire.

No. 8

Four out of five boomers intend to keep working and earning in retirement. Half of boomers plan to launch into an entirely new job or career in retirement.

No. 9

Only one in seven baby boomers say they plan to collect Social Security benefits at age 62.

No. 10

The unpredictable cost of illness and healthcare is by far boomers' biggest fear. They are three times more worried about a major illness (48%), their ability to pay for healthcare (53%) or winding up in a nursing home (48%), than about dying. (17%)

watch video:

http://www.pbs.org/boomercentury/


ON pbs TONIGHT Check your local listings
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 10:10 AM
Response to Original message
1. You are correct. As you look at the history of development through
the lives of boomers it is obvious: more schools built for the extra students from kindergarten to college, more jobs needed for them, more retirement security including housing, etc.

While it is going to be rough getting through the retirement years, especially for the workers paying into the system there are some things that are already being done to alleviate the problem.

Here in Minnesota we have developed a very good home health program coupled with homemaker services, mass transit programs and assisted living programs, etc. to keep all but the very critical people out of expensive nursing home care and in their own homes.

It is obvious from your stats that we will need a universal single payer health care program to deal with health issues.

One thing that cannot be seen in those stats is that many boomers who are disabled are already part of the Social Security recipients and due to AIDS, cancer and other illnesses many will never collect the Social Security they paid into because they died too young.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 10:22 AM
Response to Reply #1
3. right
Brother dead at 42; cousin dead at 53; best friend dead at 35, etc. etc. None of them ever collected a cent of all that they paid in for all of the years they worked. :(

And there will be many more too, as many people born during this era were exposed to massive amounts of toxic crap (like DDT, etc.).

I'm not optimistic that anyone from this generation will live to be extremely old. Too many have died already that should not have died because of what I believe to be causes related to toxicity and diets loaded with junk foods.

:kick:
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Learn2Swim Donating Member (220 posts) Send PM | Profile | Ignore Wed Mar-28-07 10:44 AM
Response to Reply #3
5. well said
Edited on Wed Mar-28-07 10:44 AM by Learn2Swim
I agree. It is tough to think about, but I know a few that ended up in the same situation. And I agree with what you said part of the culprit very well may be. It's saddening sometimes, to think about the future
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 01:35 PM
Response to Reply #3
9. The boomers lived hard and played hard.
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SheilaT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 10:20 AM
Response to Original message
2. In 1980 Landon Jones
wrote a book called "Great Expectations" about the baby boom generation. He compared that generation to a "pig in a python" to describe how the great mass of boomers would work its way through its lifespan. I should reread my copy.
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Silence Dogood Donating Member (215 posts) Send PM | Profile | Ignore Wed Mar-28-07 10:29 AM
Response to Original message
4. It will be a Boomer that fixes our broken system.. I can only hope.
I cannot in good conscience expect anyone not of this generation to address the issues we are now facing with any level of confidence.
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WhaTHellsgoingonhere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 11:53 AM
Response to Reply #4
6. Hate to piss on the parade, but who "broke the system"????
Edited on Wed Mar-28-07 12:25 PM by WhaTHellsgoingonhere
Of course, it was the Boomers, so why should anyone expect this generation to be willing to fix what they broke.

After all, the Boomers have told us all along that "the children are our future", which is a shameful euphemism for "don't hold us (Boomers) accountable. We'll pass our disaster onto successive generations."


Here's a couple of more stats to add to the list:

1. Suicide among baby boomers has run ahead of the national rate at every stage of their lives... (Experts} warn that despite many advances in understanding and responding to suicide risk factors among Americans of all ages, the nation’s youth-oriented culture, lingering stigmas toward mental illness and the medical system itself leave aging boomers in greater danger. A Scripps analysis of the causes of death among boomers in 2003 found that 11,667 took their own lives, representing 37 percent of all suicides in the United States that year. By contrast, there were 3,988 suicides among 15- to 24-year olds that year, and 5,248 among people 65 and older.

http://www.gosanangelo.com/news/2007/jan/30/suicide/



2. Since 1988, the homicide-suicide rate among couples 55 and older in Florida has increased about tenfold...Cohen has found that the typical homicide-suicide case involves a depressed, controlling husband who shoots his ill wife. "These are acts of depression and desperation," she says.

http://www.medicinenet.com/script/main/art.asp?articlekey=50782

http://eldercare.uniontrib.com/news/marsha/marsha_suicide.cfm


I hope enough of you Boomers stick around to help clean up the mess.


Post Script I: I'm a decendent of Boomers and if you'd like to read my book about Accepting and Living with Bipolar Disorder, I'll gladly leave you a link to Amazon.com so that you may purchase a copy... Oh, and where is that elusive Single-Payer Health Care System you trumpet???? Would have saved me from filing for bankruptcy 7 years ago. (I just chuckle when I hear Boomers toot their own horns. You sound as delusional as the Boomer-in-Chief.)

Post Script II: I'm back on my feet and have been working in finance for a Fortune 500 company for more than 5 years in addition to volunteering at a nearby hospital facilitating support groups for the mentally ill. Prior to that, I hadn't been gainfully employed until the age of 35.
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Blue_In_AK Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 12:01 PM
Response to Reply #6
7. Gee, I really wish I hadn't chosen to be born in 1946.
I hate getting blamed for all the world's ills.
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WhaTHellsgoingonhere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-28-07 12:05 PM
Response to Reply #7
8. Don't fret...
...the next generation will feel much worse about being born in the 21st century than you feel about being born in 1946.
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