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I have read many articles about the Boomers and it is obvious that there is some confusion about which generation is which. The Bureau of Statistics has the final say and their research shows that:

The Builders were born before 1946, are now aged from 63 and there are 3.5million of them.

The Boomers were born between 1946-64, are now aged between 45-63 and there are 5.3 million of them.

X Generation were born between 1965-79, are now aged between 30-44 and there are 4.4 million of them.

Y Generation were born between 1980-94, are now aged between 15-29 and there are 4.2 million of them.

Z Generation will be born between 1995-2009, are now aged under 15 and there are 3.4 million so far.

That should end the countless arguments in workplaces and dinner tables about who we are and allow journalists to be more informed when writing articles. If you need more information about Boomers email me on brian@bonza.com.au

Boomer Timeline

2009 Boomers only have an average of $20-30 thousand in superannuation and over 50% want to live on an aged pension when they retire. Your retirement could last for 20-40 years.
Most are working a part-time job as that is all that is available to mature age in the workforce. The skill shortage is already becoming evident. Some planning is needed.
The world wide global recession has placed us in a false economy and the skill shortage is hidden by an unexpected downturn that has made many unemployed.
Skill training will be necessary to prepare the unemployed for future jobs and the return of a healthy economy.

2011 The first of the Boomers will retire and draw on an aged pension.
Centrelink age pension demands, which have already risen due to self funded retirees joining the pensioner ranks in recent times because of the superannuation downturn, will now double.
We will be able to continue part-time work and also draw on what superannuation is left to live so not everyone will need a pension but most will.

2015 Boomers will be ageing, bored and looking for things to do. Research shows that their interests will be reminiscing, spiritual; hobbies, self employment and their families and some will have the money at this stage to do so.
Health and aged care will now be major issues with government.

2020 There is now a skill shortage as a workforce that was increasing by 170 000 each year in 2007 is now expected to increase by 125 000 in the coming decade so their will be fewer workers to fill the positions being vacated by Boomers.
Boomers are flooding medical centres with their ailments and families are now being encouraged to look after their parents.

2025 There are only 3 taxpayers paying for the needs of every retiree instead of the 6 taxpayers that do that now.
Community/welfare groups are having trouble assisting the Boomers due to the sheer numbers wanting assistance.
Many are single women and living alone as their partners have died which will become a security nightmare as they are exploited.
Volunteer organizations have increased as society looks to support the Boomers in finding activities for them. (This is where I hope we can form bonza activity groups and keep our generation gainfully occupied. Community groups that can help support their area and have something to do).

2030 The last of the Boomers have retired. There is now over 30% of the population eligible for the aged pension.
The older Boomers are terminally ill. Aged people are everywhere with many with nothing to do and few to look after them. Charity groups spend heavily on assisting the Boomers.
Euthanasia is on our minds. Security is still a problem for the huge number of women who are living alone as their partners are gone.

2040 Many of the Boomers are now in aged care or palliative care if they are lucky. Many are still being cared for by family.
Society is having trouble coping with so many aged people but the situation will improve over the next 2 decades as we die off.

2060 Many countries around the world have significant drops (in the millions) of population as the aged die and zero population growth does not allow for replacements.

The Boomers are now part of history.