“Dimensions, Demographics And The March Of Generations,” Advisor Magazine

“By 2019, Millennials will number 73 million, and will have taken over Baby Boomers as America’s largest living generation. Meanwhile, in 2016 Millennials became the largest generation in the U.S. Labor Force and will soon surpass Baby Boomers as comprising the majority of the U.S. electorate (Fry, 2018). In short, Millennials are about to take over the world. Yet, even as Millennials surpass Boomers in their sheer numbers (not to mention contributions to the economy), they continue to be treated by many industries and institutions as a niche market, whose values, beliefs and behaviors are at best inscrutable and at worst despicable. And like any other generation, they have been vulnerable to stereotyping and even derision. … Read the entire report: Insurance And Millennials- A Coming Of Age here.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Get to know the new boomers who’ll have to fund the entitlements for the old boomers . . . and themselves.

Dimensions, Demographics And The March Of Generations

#generations
#goldencareagent