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Home  > Publications   > Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers
Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers- June 2008
Research Topic: Consumer Demand and Demographics , Labor Markets and Offshoring
Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers
Despite their aggregate wealth, a vast majority of U.S. Baby Boomers are unprepared for retirement. Enabling them to work longer would significantly benefit both individuals and the broader economy, but policy makers and business leaders will need to take action.
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Chapter Summaries
Chapter 1: The age of Aquarius
Introduction to Boomer economics and analytical approach.
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Chapter 2: What a long, strange trip it’s been
Describes the Boomers' economic journey and the factors that have enabled them to enjoy among the highest levels of income growth in U.S. history.
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Chapter 3: Money can't buy me love
Examines why, despite such strong income growth, the Boomers have failed to save at the level of previous generations.
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Chapter 4: You can't always get what you want
Assesses the Boomers' current readiness for retirement and shows why so many are poorly prepared.
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Chapter 5: Stairway to heaven
Shows that the Boomers could brighten their financial future significantly by saving more, and that the best way for them to boost their savings is by working longer than previous generations. Looks at the ways policy makers and business leaders can help Boomers work longer and save more, fostering a better outcome for all.
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Appendix A: Macroeconomic context
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Appendix B: Technical notes
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Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers
Baby Boomers will shape the U.S. economy over the coming decades as they age and retire.
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Averting a bust for the Boomers: The state of retirement preparedness and how to improve it
MGI director Diana Farrell presented the findings of Talkin’ ’bout my generation: The economic impact of aging U.S. Baby Boomers at an event hosted by The New America Foundation on Capitol Hill in Washington, DC.
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