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NEWS ABOUT: baby boomer

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2011, as Told in 18 Items

From Steve Jobs' turtleneck to Kate Middleton cash

(Newser) - If the BBC can summarize all of history in 100 objects, then Vanity Fair can do a year in 18. The magazine offers a collection of iconic objects—some real, some fictional—as a time capsule of sorts for 2011. Among the highlights:
  • The Hello Kitty cat holding a “
... More »

Happy 65th Birthday, Baby Boomers

This generation will be redefining old age

(Newser) - Today is more than just New Year’s Day for the oldest of the baby boomers: It’s also their 65th birthday. “The generation that once sang of teaching the world to sing in perfect harmony, and then buying it a Coke,” writes Dan Barry in the New ... More »

1 in 5 Drivers Will Soon Be 65 or Older

Baby boomers will outlive their driving ability

(Newser) - As the baby boomer generation enters old age, the graying of America may be felt dramatically on the road. In 15 years, 1 in 5 drivers will be 65 or older, reports AP . The NTSB is already trying to gauge the impact that might have—though smart cars and smart... More »

Top 15 Boomer Brands

Levi's, Pepsi, Harley, and Facebook make the list

(Newser) - The 77 million people born between 1946 and 1964 helped make and break some of the world's great brands. Judann Pollack of Ad Age picks the top 15:
  • Levi's—Today, Levi's jeans sit desk-side on casual Fridays. But in the 1960s they were marketed with music from Jefferson Airplane.
  • Pepsi—
... More »

Tea Partiers: Spoiled Boomers in Midlife Crisis

Movement has a lot of white men who came of age in 1960s

(Newser) - The tea party movement portrays itself as a gang of ordinary, diverse citizens, but in reality it's got a lot of rich, middle-aged white guys who came of age in the '60s. That's telling. This phenomenon is actually "a harbinger of midlife crisis, not political crisis," write Jim... More »

US Medical Schools See First Expansion in 40 Years

Enough with American students forced offshore for training

(Newser) - Nearly two dozen new medical schools have recently opened or are poised to open in the first surge in the number of doctors this country educates in at least 40 years, the New York Times reports. The expansion is aimed at redressing the odd situation that American students who can't... More »

Ad Men Use Beatles to Sell Senior Care

Fab Four feature in nostalgia campaign, along with Elvis, Gene Kelly

(Newser) - The songs you loved when you were 23 may someday be used to sell you retirement care. Researchers have homed in on that age as the likeliest time when music that triggers life-long nostalgia is heard. People who watched the Beatles on the Ed Sullivan Show at 23 are now... More »

Americans Staying Put Amid Recession

Number of people moving at lowest since WWII

(Newser) - The recession, with its attendant falloff in home prices and job opportunities, has pared back the traditional American activity of relocation to its lowest level since World War II. A new study shows that 12% of Americans moved in the last two years, compared to 14% earlier this decade, 17%... More »

As Baby Boomers Age, Suburbs Try to Adapt

Street grids become walker-friendly for elderly

(Newser) - As baby boomers go, so go the suburbs. Now that boomers are entering or at least approaching retirement, the 'burbs are changing face to adapt to their needs, reports the Wall Street Journal. Across the country, communities are changing street grids to become walker-friendly, adding condos where single-family homes once... More »

Rock Band Matures With Beatles Edition

Game is good, clean cross-generational fun

(Newser) - The Beatles: Rock Band successfully brings the winning music-game formula to one of rock’s biggest names, writes Elizabeth Landau for CNN. Designed to be played by as many as six, the game "does make for a great time and will probably be a hit at parties." Meanwhile,... More »

Baby Boomers Still Mad for the Reefer, Man

(AP) - Some Americans haven't let go of one part of the 1960s: getting high on illicit drugs. The percentage of Americans age 50-59 who reported use of illicit drugs within a year nearly doubled from 2002-2007, from 5.1% to 9.4%, the Substance Abuse and Mental Health Services Administration reported... More »

A Quarter of Middle-Aged Men Binge Drink

Excessive alcohol consumption isn't just for college kids

(Newser) - Binge drinking is generally thought to be a college-age phenomenon, but middle-aged people—especially men—live it up as well, the New York Daily News reports. A new study in the American Journal of Psychiatry found that 23% of men and 9% of women between 50 and 64 years old... More »

Boomers Turn to Annuities, Leaving Nothing for Kids

(Newser) - Now that the financial crisis has destroyed so many nest eggs, many soon-to-be retirees are buying annuities and leaving their kids to fend for themselves, the Wall Street Journal reports. Annuities turn a lump-sum payment into a guaranteed income for life. That’ll provide more peace of mind than living... More »

Mississippi Still Porkiest, but Alabama Closing In

Obesity up in 23 states: report

(AP) - Mississippi's still king of cellulite, but an ominous tide is rolling toward the Medicare doctors in neighboring Alabama: obese baby boomers. It's time for the nation's annual obesity rankings and, outside of fairly lean Colorado, there's little good news. Obesity rates among adults rose in 23 states over the past... More »

Live With It: Retirement Must Shrink

Longer lifespans, older population mean quitting age has to rise

(Newser) - With people living longer and having fewer children in developed countries, the population is aging even as the workforce shrinks. And with retirement ages in the 60s, retirees are living longer on pensions. Those demographic shifts make a policy shift inevitable: we’re all going to have to work longer,... More »

Big Three See Bumpy Road With 20-Somethings

Demographic key to rebuilding for US automakers

(Newser) - Detroit automakers face a hard road when it comes to Generation Y—consumers aged 22-32 whose business is crucial to securing the firms' futures, BusinessWeek reports. Their boomer parents broke from tradition by shifting to Japanese cars, and Gen Y is following in those footsteps. Detroit “simply must do... More »

Early Retirees Face Shaky Financial Future

Bucking poll, older workers ditch work in tough economy

(Newser) - A growing number of older US  workers are bucking expectations and retiring early, risking financial hardship in their senior years, the Los Angeles Times reports. Instead of staving off retirement to rebuild diminished nest eggs, many older Americans, frustrated by the job market, are simply calling it quits. Add aging... More »

Grandparents Face Bitter Foe: Other Grandparents

Jealousy games amount to big consumer spending

(Newser) - Baby boomers are joining the ranks of grandparents, and as usual, they want to be the best—which includes outranking other grandparents in their mutual grandchildren's affections. The competition is so fierce that it's an economic stimulus unto itself: 42% of gift spending is by grandparents, the Boston Globe... More »

Madoff Case Likely to Sour Boomers on Stocks

Fraud is final straw after terrible performance, analysts say

(Newser) - With Bernard Madoff’s long, fraudulent story drawing to a close, stock-market analysts look to the larger effect the $50 billion Ponzi scheme will have on equities, Kate Gibson writes for MarketWatch. Combined with the dismal performance in stocks over the last year, experts say Madoff’s deception has probably... More »

Rosie's Menopause Guru? Madonna

'Big sis' tells O'Donnell to 'get the cream' for 'hormone things'

(Newser) - The Material Girl can add another talent to her resume: menopause counselor. At least according to Rosie O'Donnell, who happily overshared in an interview on The Tyra Banks Show. Between investigating the source of all the sweat in her bed and cutting out booze, O'Donnell still has time to check... More »

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