Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates.
The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security, and general health of each generation shapes everything from marketing campaigns to insurance and social welfare benefits to transportation and health services planning.
- According to the Pew Research Center, the oldest Millenial was born in 1981 while the youngest was born in 1997.
- Synchrony Financial uses much lower boundaries, defining the Millenial generation as those born from 1976 through 1992.
- Considering still other definitions, the birth year of the oldest Millenial varies from 1976 to 1986 while the birth year of the youngest ranges from 1993 to 2010.
Материалы по теме
The Global Retirement Index: Today's Best Countries for Retirement
You sometimes hear, “Oh, to be young,” and there is merit to that sentiment depending on where you live out your retirement years. Retirement security is not an issue weighing on individuals alone. It is among the top social issues globally because of a simple fact: the world’s population is getting older. According to the World Bank, the share of people aged 65 and older will double by 2050 to reach 1.5 billion. Societies must grapple with how to ensure people have the resources and services to support themselves through retirement. The Natixis Global Retirement Index (GRI) evaluates 18 performance indicators to provide an in-depth look at...
The Health in Retirement Index
These indicators are important determinants of physical wellness and therefore retiree welfare. The Health index is calculated as the geometric mean of three indicators: life expectancy, health expenditure per capita, non-insured health expenditure. For last 5 years, China is keeping leading position by life expectancy. Home | The Health in Retirement Index | Finances in Retirement Index | Quality of Life Index | The Material Well-being
Quality of Life Index
This index shows the level of happiness and fulfillment in a society as well as the effect of natural environment factors on the Quality of Life of individuals. It is constructed as the geometric mean of the happiness index and the natural environment index. Home | The Health in Retirement Index | Finances in Retirement Index | Quality of Life Index | The Material Well-being
Median Age of Population in the World
Between 1970 and 2015, the median age of the World's total population grew substantially from 21.54 to 29.6 years rising at an increasing annual rate that reached 3.90 % in 2015. By 2100, the median age is expected to further grow to 41.6 years.