Word: boomer
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Dates: during 2000-2009
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...slippage probably began on the turf that the boomers seem to have owned for more than three decades: popular culture. Listened to the radio recently? Do you feel any different than your parents must have felt when they first stood aghast as you fell in love with the Beatles? Of course you do--if you're a boomer, you knew then that your musical taste was superior, and you know it today. What about the movies--weren't you watching The Graduate at the same age that these kids are drooling their brains away over Scream XXVI...
Such anguish has grown palpable. FORTUNE magazine's career-advice columnist, Anne Fisher, calls the angst pouring in from her boomer readers "a continuing lament," and there's evidence that it will soon become operatic. From the mailbox of Fisher's website, askannie.com "I'm learning that being over 40 is not only an obstacle, it's more like a brick wall," writes someone who signs himself "Not Dead Yet." Bob C. thinks "younger bosses see...older [workers] as a menace." Edward, the realist, writes, "Many of us over 40 have failed to constantly update our skill sets...
...anecdotal evidence certainly supports data that would have 3 out of 4 experienced workers, even in a full-employment economy, fearing for their jobs. Steve Harrigan, 51, of Austin, Texas, asks a question that virtually any leading-edge boomer can relate to: "Where are we?" When Harrigan is sitting in a restaurant, visiting an office or just walking down the street, he wonders, Why does it always seem he's the oldest person in view...
Want more? As unforgiving as the present has become, our future could be bleaker. It is truly stunning how financially unprepared for retirement boomers are. They don't hold nearly as much stock as their parents do, and according to Richard Hokenson, chief economist of Donaldson, Lufkin & Jenrette, when they were younger--filled, no doubt, with a confident belief in boomer immortality, or at least boomer invulnerability--they saved for retirement much less conscientiously than their Gen X counterparts are doing today. As a result, a full 40% of boomers, and 30% of those nearest to retirement, have less than...
From the satirical newspaper the Onion: "Long-awaited baby boomer die-off to begin soon, experts say. Before long, tens of millions of members of this irritating generation will achieve what such boomer icons as Jim Morrison, Janis Joplin, Timothy Leary and John Kennedy already have: death. Before long, we will live in a glorious new world in which no one will ever again have to endure tales of Joan Baez's performance at Woodstock...[T]he ravages of age will take its toll on boomer self-indulgence, and the curtain will at long last fall on what is regarded...