#Babyboomers

[dailyplanet-loislane]

Generations Defined: Tracing the Journeys of America's Greatest, Silent, Baby Boomers, X, Millennials, Z, and Alpha

[yogadaily]

(via Pin on General Info  || Curated with love by yogadaily) 

[heavenlynotices]

Americana- Whatever Happened To Good Values and American Pride

I have been thinking about this topic for several weeks now as I watch various videos on social media accounts and the obvious destruction of good morals, family values and American pride in our society. I see video after video of people attacking others, beating them up for no reason and filming it. I see violence all over the internet and it seems to be the norm now for our younger generation.…

[professorpski]

Completely Original, or Humoring the Young in 1972

This booklet from 1972 teaches the basics of knitting and then offers a set of easy patterns which claimed to allow you to creating “something useful, exciting, and completely original.” Of course, your creations were not completely original as the author, Virginia Hillway Buxton had written the patterns. True, your choice of yarn and color might create something unique, but you were working from her directions entirely.

Knitting books from earlier eras often explained that a knitter could take any stitch pattern, calculate how to use it to make a unique version of the garment patterns offered up. Which mean the maker chose was yarn and color, and stitch pattern. This would make for 1 more important original element than anyone was suggesting in 1972, so why all this talk about originality then? And some of the more technical books from the early 20th century taught the principles of creating a knitting pattern. Now that would be completely original.

Although knitting patterns were becoming on the whole simpler in the 1960s and 1970s--increasing use of worsted and bulky yarns, of basic stitch patterns, and basic garment designs--marketers appealed to the younger and newer knitters (like their counterparts among dressmakers) as special individuals creating in whole new ways. For example, one sewing book was entitled Make it Your Way as if women hadn’t been doing that for decades. They had, but no one seemed to feel the need to re-assure them of that. Making the Baby Boomers feel special about their creations  must have paid off for marketers as a way to sell them more stuff, or it wouldn’t have happened so often.   

[boomerbroadcaster]

Breaking and Entering Was a Little Break From Barbra's Opus

Much as I have enjoyed reading Barbra Streisand’s nearly thousand-page opus My Name Is Barbra*, its sheer volume and level of detail had become tedious. So, about two-thirds of the way through, I switched to a nice little book I downloaded from the library called “Breaking And Entering” by Toronto Author Don Gillmor. It turned out to be the perfect diversion. I’ll return to Barbra later. What do…

[settlemyirsdebt]

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[rethinking-the-dollar]

Did you know? 27% of Baby Boomers aged 59+ have zero retirement savings, facing a stark financial future. Learn how to navigate this crisis.

[digitaltariq]

Wealth hole between millennials spurs a brand new class warfare

Klaus Vedfelt | Digitalvision | Getty PhotosA model of this text first appeared in CNBC's Inside Wealth publication with Robert Frank, a weekly information to the high-net-worth investor and shopper. Join to obtain future editions, straight to your inbox.The wealth hole between wealthy millennials and the remainder of their age group is the biggest of any era, creating a brand new wave of sophistication rigidity and resentment, based on a recent study.Even because the overwhelming majority of millennials wrestle with pupil debt, low-wage service-jobs, unaffordable housing and low financial savings, the millennial elite are surpassing earlier generations. In accordance with the research, the typical millennial has 30% much less wealth on the age of 35 than child boomers did on the identical age. But the highest 10% of millennials have 20% extra wealth than the highest child boomers on the identical age."Millennials are so totally different from each other that it's not notably significant to speak concerning the 'common' Millennial expertise," wrote the research's authors, Rob Gruijters, Zachary Van Winkle and Anette Eva Fasang. "There are some Millennials who're doing extraordinarily nicely—suppose Mark Zuckerberg and Sam Altman—whereas others are struggling."The research finds that millennials — sometimes outlined as these between the age of 28 and 43 in the present day — have confronted repeated monetary headwinds. Coming of age throughout the monetary disaster, they've decrease ranges of homeownership, bigger money owed outweighing belongings, low-wage and unstable jobs, and decrease charges of dual-income household formation.On the identical time, the authors say the highest 10% of millennials have benefited from better rewards for expert jobs. As they put it, "The returns to high-status work trajectories have elevated, whereas the returns to low-status trajectories have stagnated or declined."The millennials who "went to varsity, discovered graduate stage jobs, and began households comparatively late," ended up with "larger ranges of wealth than Child Boomers with related life trajectories," based on the report.

The nice wealth switch

There could also be one other issue creating a lot wealth amongst millennials: inheritances. In what's referred to as "the good wealth switch," child boomers are anticipated to move down between $70 trillion and $90 trillion in wealth over the following 20 years. A lot of that's anticipated to go to their millennial youngsters. Excessive-net-worth people price $5 million or extra will account for practically half of that complete, based on Cerulli Associates.Wealth administration corporations say a few of that wealth has already beginning trickling all the way down to the following era."The nice wealth switch, which we have all been speaking about for the final 10 years, is underway," stated John Mathews, head of UBS' Private Wealth Management division. "The common age of the world's billionaires is sort of 69 proper now. So this entire transition or wealth handover will begin to speed up."Tensions between millennial courses are more likely to escalate as extra wealth is transferred within the coming years. Wealth shows on social media by millennial "nepo infants" may add to the intra-generational class warfare and drive nonwealthy millennials to overspend or create the looks of lavish life to maintain up.A survey by Wells Fargo discovered that 29% of prosperous millennials (outlined as having belongings of $250,000 to over $1 million of investible belongings) admit they "typically purchase objects they can not afford to impress others." In accordance with the survey, 41% of prosperous millennials admit to funding their life with bank cards or loans, versus 28% of Gen Xers and 6% of child boomers.The battle between wealthy millennials and the remaining may additionally form their attitudes towards wealth. For over 4 many years, the overwhelming majority of millionaires and billionaires created in America have been self-made, principally entrepreneurs. A research by Constancy Investments discovered that 88% of American millionaires are self-made.But inherited wealth may change into extra frequent. A research by UBS discovered that amongst newly minted billionaires final 12 months, heirs who inherited their fortunes racked up extra wealth than self-made billionaires for the primary time in not less than 9 years. And, all of the billionaires below the age of 30 on the most recent Forbes billionaires checklist inherited their wealth, for the primary time in 15 years.

'Excessive' wealth

The surge in wealth amongst millennial heirs can be making a profitable new marketplace for wealth-management corporations, luxurious firms, journey corporations and actual property brokers.Clayton Orrigo, one of many prime luxurious actual property brokers in Manhattan, has constructed a thriving enterprise on moneyed millennials. The founding father of the Hudson Advisory Workforce at Compass has bought over $4 billion in actual property and recurrently brokers offers over $10 million. He says the "overwhelming majority" of his enterprise these days is from patrons of their 20s and 30s with inherited wealth."I simply bought a $16 million condo to somebody of their mid-20s, and the customer accessed the household belief," he stated. "The wealth that's behind these youngsters is excessive."Inherited wealth has change into Orrigo's specialty. He says he works on forging shut relationships with household workplaces, trusts and younger cash elite mingling at New York membership golf equipment like Casa Cipriani.The sample is acquainted: A rich household calls wanting a rental for his or her son or daughter; just a few years later, they need a $5 million or $10 million two-bedroom condominium to purchase in a brand new, high-security constructing downtown."My gig is working very quietly and really discreetly with the wealthiest households on the earth," Orrigo stated.Signal as much as obtain future editions of CNBC's Inside Wealth publication with Robert Frank. Read the full article

[realestatewithivapearce]

Boomers Moving Will Be More Like a Gentle Tide Than a Tsunami

http://dlvr.it/T53yJK

[usnewsper-business]

Baby Boomers Dominate Housing Market: What It Means for Millennials and Gen Z #babyboomers #competition #demographicchanges #disposableincome #downsizing #equity #financialresources #GenZ #homepurchases #homeownership #housingaffordability #housinginventory #housinglandscape #housingmarket #millennials #mortgagepayments #olderAmericans #realestateinvestment #retirement #strengthineconomy

[immunobiz]

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[professorpski]

She wore what was presumably the chosen clothes of her generation--black high leather boots, while open-work woolen stockings of doubtful cleanliness, a skimpy skirt, and a long and sloppy pullover of heavy wool. ... There were hundred of girls looking exactly the same.

This is the mind of Hercule Poirot on the younger generation in 1965 as depicted in Agatha Christie’s mystery novel Third Girl. Poirot was an especially dapper little man with perfectly curled mustaches, a former Belgian police detective turned private investigator whom Christie featured in many novels. She explained that that Poirot felt as most of his generation did: an urge to drop this young woman in a bathtub. You can’t help feeling Christie was sharing her own disdain for mini-skirts and the other fashion accessories and styles, such as long, loose hair, that went along with it.

The young women felt they were rebelling by opting out of the up-do’s that had signaled adulthood for more than a hundred years, and by opting for shorter skirts. But the Baby Boomers ended up looking very much alike, and there were so many of them. Like many young people they were keen on not looking all that different from the crowd.

Christie may need no introduction, but she was an English mystery writer born in 1890 who was a success by 1920 and continued writing for decades. Many of her works were made into plays or movies.

[teddylimrealestate]

Retiring Soon? Why Moving Might Be the Perfect Next Step

http://dlvr.it/T0fG4H

[boomerbroadcaster]

Boomers Do Barbie

Pretty in pink, doing Barbie with one of my BFFs. This boomer joined a friend and her husband to see Barbie, the movie, this week. My own husband declined and I’m afraid he short-changed himself. I have only one word to describe the movie—BRILLIANT! When the first whispers of a Barbie movie started hitting the media I could not imagine what on earth they could concoct in Hollywood to make a movie…