In just 9 years, half of the Baby Boom cohort will be dead.
- The Baby Boom encompassed 76 million people born from 1946 to 1964.
- As of today, about 15% of the Baby Boom has passed away and about 11,000 members die every day. This number will increase dramatically due to the age distribution of the Boom cohort, as illustrated in this fertility/birth chart.
- An estimated 67 million are alive today.
- By 2035, an estimated 35-40 million will still be alive.
Media and social media are full of bull shit about Boomers hoarding big homes (this is 100% false, based on data). In fact, we are on the verge of a large surplus of housing going on the market. Over the next 9 years, an estimated 67-40 or 17 million Boomers will die, freeing up between 1 and 2 million housing units every year.
Over the next few years, the big “bump” centered on 1959 will be hit – we will have a very large group in their 70s approaching the end of their lives, simultaneously.
Many make claims that “but people are living longer”, such as idiot Nick Lictenberg, the content mill writer at Fortune (a post on his inaccuracies will be coming on my Social Panic blog soon), who implies people are living into their 90s.
Since 1950, the average life span for men at age 65 has increased by 2 years, and for women by 3 and 1/2 years. In the 1980s, Congress began the process to change the age of Social Security standard benefits to from age 65 to age 67.
The Baby Boom is itself on the verge of collapse. The members of the baby boom did not pick their own birth date any more than Gen Z has picked their own birth date. As the labor pool shrinks, Gen Z is poised for the greatest job opportunities in U.S. history.
With the death of half of the Baby Boom within 9 years, and the collapse in the fertility rate, Gen Z is poised for the greatest job opportunities in history, the greatest generational wealth transfer in history, and a looming surplus of housing units for sale.
Meanwhile, they spend their time whining on X about how they have it worse than anyone in world history.
