Population aging

Munnell, Alicia Haydock. “Population aging”. Issue in Brief 16, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, April 2004. http://hdl.handle.net/2345/bc-ir:104498.
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Abstract

The retirement of the baby boom - those people born between 1946 and 1964 - is almost upon us. The leading edge of this famous cohort turns 62 in 2008. With the aging of the baby boom, the population of the nation is about to gray rapidly over the next three decades. The purpose of the brief is to put the baby boom and its impact on population aging in perspective. Specifically, the baby boom is not the reason for the aging of the population; the aging is the result of long-term trends of increasing longevity and declining fertility. The bust/boom/bust pattern in fertility rates that resulted in the baby boom simply changes the path to an older society. Thus, the baby boom is not "a pig in a python," a somewhat graphic metaphor frequently used to suggest that the large cohort is just passing through, and life will return to normal once the last member dies. Rather, the nation is facing a permanent change in its demographic profile...

Title
Population aging: It's not just the baby boom
Author
Munnell, Alicia Haydock
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
April 2004
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
16
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104498
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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