#baby-boomers

#baby-boomers

At the moment the chancellor gives away more than 50bn in tax relief for pension saving, most of which goes to wealthier boomers and better-paid gen Xers who do not need the money and would save anyway if state support was more limited. A remodelling of pension subsidies cutting the 40p higher rate to a flat rate of 25p for all savers could claw back 10bn to 20bn in extra income tax and national insurance payments, depending on how the new regime is constructed.

The majority of design discussions about this generation focus primarily on accessibility, including clear instructions, closed captions, and larger text. Even though those things are important, they are just the tip of the iceberg. Boomers, who are now in their 60s and 70s, do not consider themselves "old." They do not consider aging to be a gradual decline. Rather, they anticipate continuing to live fully, which includes traveling, interacting with others, learning, and prospering.

Asking boomers to serve in a new national service can help mend a society splintered by austerity, utilizing their skills to benefit the community.

The generational transfer of nearly $124 trillion in assets over 25 years will profoundly impact families, advisers, businesses, and every segment of the financial industry.

More than a quarter of Baby Boomers are skeptical about the value of fiber internet, while almost half of Millennials consider it essential.

The current landscape of small businesses is undergoing a transformation driven by Baby Boomer retirements, presenting unique opportunities for younger generations.