Definition of Baby Boomer
What is a "baby boomer"? What is the definition of a "baby boomer"?
According to the US Census Bureau, a "baby boomer" is any person who was born between 1946 and 1964. This constitutes an estimated 76 million people in the United States.
WWII officially came to an end on September 2nd, 1945. Many millions of trooped returned from their various locations around the globe and set upon the task of starting families and returning to their normal lives.
This resulted in a tremendous uptick in the number of births not only in the United States, but all around the world.
Due to their tremendous numbers, "baby boomers" became a tremendously powerful influence in the world due to their buying power and influence on popular culture. Schools needed to be built to house the baby boomers. Real estate markets went parabolic when baby boomers started buying house. Market indexes soared when baby boomers started investing in the markets. The baby boomers are, without a doubt, one of the most influential generations in the history of the world.
As of January 1st, 2011, more than 10,000 baby boomers are hitting the age of 65 each and every day.
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