26 April 2010

Boomer Numbers

Boomer numbers for 2010:

The first boomers were born in 1946. This year, they turn 64.

The last boomers were born in 1964. This year, they turn 46.

OK. Maybe not the most earth shattering set of numbers you'll ever know. Earth shattering was supposed to be 2011. That's the year the leading boomers will reach age 65, a classic age for various qualifying events. The Great Recession may make age 70 more pertinent for Social Security retirement, taking the edge off 2011.

Another view is this: starting in 2011, every year will bring new boomer numbers in terms of retirement, Social Security, Medicare, exemptions or reductions in property tax (in some locales). Every year, a new wave of boomers will qualify for those events. And that annual wave will occur 18 times.

© 2010 Mary Bold, PhD, CFLE. The content of this blog or related web sites created by Mary Bold (http://www.marybold.com/, http://www.boldproductions.com/, College Intern Blog) is not under any circumstances to be regarded as professional, legal, financial, or medical advice. Or education advice. Or marital advice. Or even a tip.

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