The boomers' biggest impact will be on eliminating the term 'retirement' and inventing a new stage of life... the new career arc.
Sentiment: POSITIVE
I think that retiring the baby boomers is going to be one of the great challenges in America, that you cannot make fiscal sense out of the future of our children without taking on entitlements.
As the baby boomers like me are retiring and getting ready to retire, they will spend whatever it takes - and they're the wealthiest generation in our country - to make themselves live an enjoyable life in their retirement years.
I have to think about the possible ramifications of an early retirement.
Will Generation X and the Millennials do a better job running the world than the boomers have? Let's hope so.
We have been so successful in the past century at the art of living longer and staying alive that we have forgotten how to die. Too often we learn the hard way. As soon as the baby boomers pass pensionable age, their lesson will be harsher still.
The baby boom is about to become a patient boom.
Every industry is going to be affected (by the aging population). This creates tremendous opportunities and tremendous challenges.
The baby boomers are getting older, and will stay older for longer. And they will run right into the dementia firing range. How will a society cope? Especially a society that can't so readily rely on those stable family relationships that traditionally provided the backbone of care?
There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.
There still seems to be a lack of film for the baby boomer generation, if you'd like to call it that. And I think 'Martin Bonner' showed what's possible. Later in life, when you've been working at something for a long time, to actually get some kudos for what you do is wonderful.
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