This paper is a research proposal for a project that will attempt to determine the relative importance of the aging of the baby boomer generation. The paper explains the three main issues concerning the aging baby boomer population that the project will address. These issues to be studied are the perceived cost of lost labor by the actual retirement of the baby boomers, what steps people entering the labor force today are taking to address this, the perceived national financial projections for overall benefit procurement for baby boomers according to their children, and perceived projected costs to individual families for care and assistance of those people retiring, today and over the next twenty to thirty years.
From the Paper:
"The generation in America known as the baby boomers, born after WWII between roughly the years 1946 and 1964, is a significant part of the population today. Those individuals are aging, just as we all are and will within the next twenty plus years become a population of people in need of those services associated with aging. "In 2011, the oldest boomers will turn 65, retirement age. And for at least 20 years after that, we'll hear more than we want to hear abut their Medicare coverage and retirement finances. " (Williamson) Services that mainly consist of medical care and retirement benefits are costly and the generation of workers who are in their working prime today and who will be in the foreseeable future is a significantly smaller proportionate demographic than the baby boomers."
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serendipity
Publisher Since:
Feb 12, 2004
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