Tuesday, October 23, 2012
Week 3 EOC: My Demographics
As a baby boomer we have lived to excess, we are part of the “keeping up with the Joneses” mentality group, causing extenuating circumstances that affect how we live our lives. “We have earned it,” the baby boomer is the most educated generation ever. We live for excess, driving the latest cars, taking vacations every year, whether we can afford the car or the vacation. We live in the “I deserve it” moment. Many boomers have a high level of commitment to work, family and community, but they also live to excess because of the “I deserve it” mentality. Our children were born into society with the pledge that was made by many baby boomers which in part says “they should not have to struggle like our parents did.” We have provided so much that boomers have now created a new generation of “got have it now, can’t wait, need the latest” children. We have created free thinkers, we as boomers allow the new breeds, our children to give a try, it you don’t like, chunk it. If you don’t succeed, try something new.
“You have a huge group of preretirement baby boomers, a huge number of people who are asking, ‘Can I live off my savings and Social Security for the rest of my life?’” says one economist. Every wonder why boomers can’t retire, did it ever occur that boomers were afraid to say “no.” Seems like an easy thing to do, boomers parents did it regularly, their parents lived within their means and seemed to go through life satisfied, they may have not been happy, but they were content. I wonder if baby boomers ever thought of saving their money for that new car, or even ever thought that to live in a home with three bedrooms and one bath would suffice. Thoughts that can only be answered in a fairy tale, I am sure that Netflix has a movie about it.
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