With the growth of the older population due to longer life spans and a decline in birth rates, older adults will soon outnumber the younger population worldwide. One out of five workers in the United States reaches retirement age each day. This phenomenon has begun to cause a strain on Social Security funding and healthcare funding for those over…

In the UK a 'crisis' has been manufactured around the so-called baby boomer generation. It has been claimed that this demographic (those born between 1946 and 1964) have benefitted from supportive public policies throughout their lives and are still continuing to access advantages but at some cost to younger generations. For example, policies that…

Financial risk tolerance is an important personal characteristic that is widely used by financial professionals to guide the development and presentation of client-centered recommendations. As more baby boomers enter retirement, research on how these individuals perceive their willingness to take financial risks has gained importance, particularly…

The purpose of this paper is to find out what academics do when approaching retirement, and why; as well as to reflect on the process and consequences of reaching a retirement decision -- for themselves, the university system, and the wider community. Our study concentrates on baby boomers, as this large cohort starts to retire or become eligible…

Baby boomers in Taiwan benefit from better health, economic conditions, and education in comparison to older generations. The participants in this study were older adult learners from the baby boom generation. This study aimed to examine their retirement decisions, adaptation, and learning processes. A qualitative research approach was employed in…

Purpose: Continued employment after retirement and engagement in unpaid work are both important ways of diminishing the negative economic effects of the retirement of baby boomer cohorts on society. Little research, however, examines the relationship between paid and unpaid work at the transition from full-time work. Using a resource perspective…

Purpose of the Study: This article explores a clash between incoming Baby Boomers and older residents in an active adult retirement community (AARC). We examine issues of social identity and attitudes as these groups encounter each other. Design and Methods: Data are drawn from a multiyear ethnographic study of social relations in senior housing.…

Over the next decade, Baby Boomers will be reaching retirement age in large numbers and the U.S. will be undergoing one of the most significant demographic shifts in its history. This demographic shift has important implications for the role of higher education as a provider of lifelong learning and for the changing composition of postsecondary…

"Turn and Face the Strain: Age Demographic Change and the Near Future of American Education" outlines a fierce battle looming between the needs of public health care and education. A crisis is fast approaching that makes comprehensive improvement of America's public schools more important than ever. Faced with rapidly expanding…

"Turn and Face the Strain: Age Demographic Change and the Near Future of American Education" outlines a fierce battle looming between the needs of public health care and education. A crisis is fast approaching that makes comprehensive improvement of America's public schools more important than ever. Faced with rapidly expanding…

For today's older adults, retirement means adventure, travel, volunteering, and second careers, options that parents and grandparents never had even considered. One reason for this change in attitude is the increase in the lifespan (for both men and women) over the past decades. In 1950, for example, the average life expectancy was 70.8 years; by…

Tests of the relationship between economic difficulties and marital distress have generally excluded retirement-aged couples. Given the aging U.S. population and the upcoming retirement of the baby boom cohort, this research gap is problematic. To rectify this omission, this study uses longitudinal data from the National Survey of Families and…

Analysis and discussion of Social Security policy are usually based on expected fiscal and societal outcomes. However, future demographic and economic trends are uncertain, and thus ultimate outcomes for aggregate system financial flows and the distribution of taxes and benefits across generations are uncertain. This paper analyzes a…

The nonprofit sector employs more than 9% of the U.S. workforce, compared with 7% six years ago, when nonprofit executive Stephen Pratt and the author outlined the size and impact of the New England nonprofit sector. The sector's portion of America's employment is poised for growth into double digits in the next decade, especially due to the…

Many belonging to large post-war age cohorts in the western countries moved from rural areas to larger industrializing cities. They retire soon and can consider moving back to the childhood places. This article studies these baby boomers and the issues about their return to peripheral rural areas. The case regards one rural municipality,…