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Where the Money Is |
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| Boomers are becoming the wealthiest and healthiest generation of older people in the history of the world. As they have aged, they haven"t stopped spending on themselves. Their total spending power per year surpasses $1 trillion, according to American Demographics. |
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They Retread Tires, |
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| It has been estimated that in seven years, as the first Baby Boomers reach retirement age, there will be 10 million more jobs than workers. By 2031, that gap could widen to 35 million. |
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The War That Wasn&qu |
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| For the past two decades or so, some experts have warned that generational warfare will explode as the Boomers, Xers, and Millennials fight over a limited pool of resources. But we don"t see it that way. |
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Medicare Crisis Spur |
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| At the same time that corporations are transforming themselves to deal with the threats and opportunities posed by the growing elder population, politicians and social planners are fretting over the problems they fear that this demographic tidal wave will create for pensions and for the healthcare system. |
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It"s Time to Re |
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| For the past two decades, the editors of Trends have been explaining why the traditional concept of retirement is destined to vanish by the second decade of the 21st century. This is becoming increasingly evident. The Bureau of Labor Statistics foresees a shortfall of 10 million workers in the United States by 2010. Let"s look at how society and business will have to change for the coming new era. |
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