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Posted (edited)

They're still listening to rock ‘n roll, having sex and taking drugs, although the substance of choice for many is Viagra now. Mostly, they lead productive ordinary lives.

But the transit of 10 million baby boomers into senior citizenship will tilt Canada's social and cultural landscape as the aging “me generation” dominates the next 20 years.

Statistics Canada says at least 1,200 boomers a day will turn 65 in that time, shooting up the proportion of senior citizens to one-quarter of the population from about 14 per cent today. The number of seniors will grow from approximately 5 million now to somewhere between 9.9 million and 10.9 million in 2036.

http://www.thespec.com/iphone/news/article/654486--the-silver-tsunami

The population of over 65's rises from 15% to near 30%, while the population of 15-64 year olds drops from 70% to 60%: The working-age population will be only 30% of the population, compared to 55% at present.

Of course most of us early baby boomers are pretty self sufficient financially in retirement, so perhaps the impact on public budgets won't be as feared. Late boomers now 40-50, may have had more earnings/pension disruptions in the economic race to the bottom though.

Maybe we'll be too busy to spend our health care dollars, travelling, protesting, meditating and eating free happy hour 'health' nibblies. :lol:

Edited by jacee
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Posted

Of course most of us early baby boomers are pretty self sufficient financially in retirement, so perhaps the impact on public budgets won't be as feared. Late boomers now 40-50, may have had more earnings/pension disruptions in the economic race to the bottom though.

As a late boomer I'm more worried about being a despised minority by the time I become a late boomer.

Speaking of the Viagra generation I'm quite sure the world will have had it's fill of us by the time we finally start petering out.

A government without public oversight is like a nuclear plant without lead shielding.

Posted

Eww gross.

I have to agree. The thought of having sex with a 65 year old woman is not likely to become any more appetizing to me even when I'M 65 too. :-O

It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy

Posted

You won't know until you age.

Trust me. I know. I have no interest in sex with women my own age NOW, and I'm nowhere near 65.

Womens bodies are infinitely more attractive than mens bodies. Even straight women have told me they believe that. But round about forty or so most womens bodies tend to spread out in all directions and best resemble a pudgy potato.

Now if you grow old together with a woman that doesn't matter so much. But meeting one afresh leaves me with no desire whatever to see them without their clothes on, or to guess just where their breasts end up once they remove their bra.

It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy

Posted (edited)

Eww gross.

All too soon you will be one, having sex, taking drugs (mostly named differently) and instead of mind altering they will be bloodpressure & stiffness altering ((take that any way you want :lol: )) and without them, and sometimes because of them, you, like us, will DIE

Edited by Tilter
Posted

Boomers?

How many children do they have? How much money will they leave to their kids/nieces/nephews?

----

As Mark Steyn said rightly, our banking system is an intergenerational accounting system.

Or as smart economists understand, you can spend the money now, or leave it to your kids.

IOW, you can transfer the money - or let the government can transfer the money.

Posted

Where did you hear THAT ?

Interesting. I know that there won't be as many poor old women, left destitute by their husband's death: We have had good jobs/businesses ourselves, and have good pensions/savings. I think that will be a major difference from previous generations.

Baby boomer women are better educated, more independent, are simultaneously juggling more work and family responsibilities and are more financially engaged than any generation in history. According to the survey, married baby boomer women are more than six times more likely to share responsibility for savings and investments

investments compared to their mothers' generation (33% now vs. 5% then).

...

It's not about the money. While 37% of the baby boomers in the survey indicate that earnings is a very important part of the reason they intend to keep working, 67% assert that continued stimulation and challenge is what will motivate them to stay in the game.

http://seniorliving.about.com/od/retirement/a/newboomerretire.htm

Posted

I have to agree. The thought of having sex with a 65 year old woman is not likely to become any more appetizing to me even when I'M 65 too. :-O

Yes, you've been quite clear about your preferences.
Posted (edited)

All too soon you will be one, having sex, taking drugs (mostly named differently) and instead of mind altering they will be bloodpressure & stiffness altering ((take that any way you want :lol: )) and without them, and sometimes because of them, you, like us, will DIE

:lol:

Ahhh ... the arrogance of youth!

But boomers will be the healthiest, longest-living generation in history, and not idle either.

The new retirement"turning point." While 76% of baby boomers intend to keep working and earning in retirement, on average they expect to "retire" from their current job/career at around age 64, and then launch into an entirely new job or career.

...

As a result of living longer, baby boomers plan to be"younger" longer and to work longer.

And as has been the case throughout our lives, the younger generations will continue to hate us for our impact on the markets - catering to us has driven fashion and many other sectors - and on jobs - we have plugged up their job opportunities, holding firm to our senior positions - if we don't retire, they don't get jobs/promotions.

Most of them wish for us all to go away and DIE!

But reality is such that we'll continue to annoy them with our numbers and demands - for health care, and jobs without ageism barriers, etc. The struggle for rights and equality will continue into retirement.

They're going to get VERY tired of hearing about our aches and pains. :lol:

And as usual, they won't really appreciate the battles we fight that benefit them, ungrateful wretches that they are!

I wouldn't be surprised if the 'euthanasia' debate shadows most of our retirement, and when they finally do get those senior positions we vacate at retirement, they'll finally be able to use their power against us. Scary thought, really ...

No, not really ...

SILVER POWER!!! :lol:

Edited by jacee
Posted

Interesting. I know that there won't be as many poor old women, left destitute by their husband's death: We have had good jobs/businesses ourselves, and have good pensions/savings. I think that will be a major difference from previous generations.

The real difference is that while their parents might be known as The Greatest Generation, boomers are known as The Greediest Generation. They insisted on having everything without paying for it, including generous government pensions they didn't pay the taxes to support. Thus the Boomers had a good economy which boomed because of huge government spending and borrowing, arranged for pensions which they never really paid for, and left all the debt to their children.

And now, from what I've read and heard, Boomers, for the most part, intend to enjoy their 'twilight' years as best they can, partying, traveling, and enjoying themselves without any thought to leaving anything to their kids (except the bill). In fact, a lot of them intend to spend all their money and then move in with their kids.

It'll be a good day for the West when the last boomer is in the ground.

It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy

Posted

It appears that some of the posters here are confusing lust (sex) with sharing pleasuring with someone you love. There is a big difference.

Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.

Posted

And now, from what I've read and heard, Boomers, for the most part, intend to enjoy their 'twilight' years as best they can, partying, traveling, and enjoying themselves without any thought to leaving anything to their kids (except the bill). In fact, a lot of them intend to spend all their money and then move in with their kids.

Exactly. They don't have a care in the world. It's everyone else that'll be saddled with higher taxes in order to pay for the boomers lifestyles and benefits.

It'll be a good day for the West when the last boomer is in the ground.

It's a cold way to put it, but I can't disagree. Hopefully the entitlement mentality they brought along with them will die then as well.

Posted (edited)

I have to agree. The thought of having sex with a 65 year old woman is not likely to become any more appetizing to me even when I'M 65 too. :-O

A little egotistical, a lot ignorant, and will be more than a little surprised when you reach the big OAS marker.

Look in the mirror --- if your body reflects your attitude you are very ugly now and will be worse when you get there--- you'll be lucky if a 65 year old lady would even think of taking you to bed. In the mean time-- don't get carpal tunnel from that.

Edited by Tilter
Guest American Woman
Posted

And now, from what I've read and heard, Boomers, for the most part, intend to enjoy their 'twilight' years as best they can, partying, traveling, and enjoying themselves without any thought to leaving anything to their kids (except the bill). In fact, a lot of them intend to spend all their money and then move in with their kids.

It'll be a good day for the West when the last boomer is in the ground.

It'll be a good day for the West when the last boomer is in the ground.

It's a cold way to put it, but I can't disagree. Hopefully the entitlement mentality they brought along with them will die then as well.

Speaking of an "entitlement mentality," look at the two of you whining because baby boomers are enjoying their money - rather than leaving it to their kids. :P

Quite frankly, if I had kids like the two of you, I'd be spending your inheritence too. ;)

Posted

Speaking of an "entitlement mentality," look at the two of you whining because baby boomers are enjoying their money - rather than leaving it to their kids. :P

The problem is they're enjoying MY money, and their kids money. The boomers never paid their bills, and certainly never paid for their pensions.

It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy

Posted

A little egotistical, a lot ignorant, and will be more than a little surprised when you reach the big OAS marker.

Look in the mirror --- if your body reflects your attitude you are very ugly now and will be worse when you get there--- you'll be lucky if a 65 year old lady would even think of taking you to bed. In the mean time-- don't get carpal tunnel from that.

How am I ignorant for not finding 65 year old women sexually attractive? Am I any different from general society in that way? Do you see a lot of men craning their necks to oggle 65 year old women at the beach?

As for middle aged women looking like potatoes - I exercise for 30 minutes a day so I keep in reasonable shape. If they don't have the discipline to do likewise why on earth should I somehow try to force myself to find a woman who barely fits her huge ass into a chair attractive?

It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy

Guest American Woman
Posted (edited)

The problem is they're enjoying MY money, and their kids money. The boomers never paid their bills, and certainly never paid for their pensions.

How are they enjoying YOUR money? :rolleyes: Of course they paid their bills or bill collectors would have all of their money.

You sound like a stereotypical whiny little spoiled brat, expecting your parents to leave you money. I don't expect a dime from mine - they raised me, did all they could for me, and they earned their money - and my kids don't expect a dime from me. That you would compain that they are enjoying their retirement speaks volumes - about you.

Edited by American Woman
Posted
The working-age population will be only 30% of the population, compared to 55% at present.

Of course most of us early baby boomers are pretty self sufficient financially in retirement, so perhaps the impact on public budgets won't be as feared.

That is a chilling statistic. The CPP may be solvent, but end-of-life healthcare system for an avalanche of sick old people is not.

Are you self sufficient enough to pay for your own health care needs, because you might very well have to, nobody else will have the cash?

The government should do something.

Guest Derek L
Posted

:lol:

Ahhh ... the arrogance of youth!

But boomers will be the healthiest, longest-living generation in history, and not idle either.

Too true, I saw a study on the news a week or so back that claimed, with the increase of diabetes, amongst other diseases associated with a sedentary lifestyle, we could actually see the average life expectancy decline slightly over the coming years……..

Guest Derek L
Posted

How are they enjoying YOUR money? :rolleyes: Of course they paid their bills or bill collectors would have all of their money.

You sound like a stereotypical whiny little spoiled brat, expecting your parents to leave you money. I don't expect a dime from mine - they raised me, did all they could for me, and they earned their money - and my kids don't expect a dime from me. That you would compain that they are enjoying their retirement speaks volumes - about you.

Good point AW…….Growing up (with two sisters and brother) with a father who was a airline pilot and a mother that worked part-time at Safeway, we were generally smack in the middle class (1960-70s) and I give my parents all the credit for providing us with everything we needed and most of what we wanted.

Today my wife and I, though we are both a couple rungs up in terms of income brackets (Only within the last ten years mind you) saw fit to maintain the trend. Several years back when both our teenagers wanted cell phones, we told them that’s fine and got them ones under our family plan, but give them a monthly bill…….Same with when they got/will get their drivers licence and want a car.

We told them both that we’d pay for driving lessons, and that whatever they had saved up from working, we’d match…….That nearly backfired on us though, last summer when our daughter got her Novice Drivers licence, she had saved up nearly $7000.…….So off we go to the dealership, with her Grandparents agreeing to pay the first years insurance and now she’s got 2006 Z71 4x4.…….Luckily, my wife and I are fully expecting that our son, whom will get his licence in about 18 months, should by then have enough banked to get a shiny new 10 speed from Canadian Tire. ;)

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