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Word: boomerism (lookup in dictionary) (lookup stats)
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That's great news--if you can afford it. Trouble is, recent studies indicate that most boomers will outlive their savings--unless they change their ways and their retirement plans. A Merrill Lynch report found that the average boomer couple are saving 39% of what they should to preserve their life-style through decades of retirement. Says Sara Rix, a senior policy analyst at the American Association of Retired Persons: "Boomers aren't saving enough to maintain the standard of living to which they've become accustomed...

Author: /time Magazine | Title: Finance: Retiring Well | 2/15/1999 | See Source »

...over homework is about even larger issues. Schools in the 1990s are expected to fill so many roles--and do so with often paltry resources and ill-qualified teachers--that it's no surprise more work gets sent home. For baby-boomer parents homework has become both a status gauge--the nightly load indicates the toughness of their child's school--and an outlet for nervy overbearance, so that each homework assignment is practically theirs to complete too. Yet the growth in dual-income families means less energy and shorter fuses for assisting the kids. And all the swirling arguments...

Author: /time Magazine | Title: The Homework Ate My Family | 1/25/1999 | See Source »

...rites of passage into adulthood--civil rights protest, the war in Vietnam, the counterculture--filled the nation's front pages. When they finally married and began families--often much later than their own parents--their family issues became the stuff of sitcoms. Throughout their now advancing lives, the baby boomers have always stood at the demographic center of American life. Their concerns have been the dominant concerns, their passions the dominant passions. So it stands to reason that as the baby-boom generation begins its massive sweep into old age, the age-old problems of this transition into seniority...

Author: /time Magazine | Title: Books: Coming Of Age | 1/18/1999 | See Source »

...automobile brands, Mercedes-Benz and Jaguar spent much of the past decade longing for a little meat-and-potatoes appeal. Slumping sales in the U.S. had execs worried, as did the rising popularity of Japanese newcomer Lexus. The haughty Germans and the aristocratic Brits realized that the wealthier baby-boomer set--now in a buying frenzy--was turned off by the companies' stuffy image and limited product line. "Our cars were admired but were perceived as an unattainable icon," concedes Joe Eberhardt, vice president of marketing for Mercedes-Benz North America. "Our problem was, we weren't considered...

Author: /time Magazine | Title: Redefining Luxury | 1/18/1999 | See Source »

...narcissistically erotic Bob Fosse touchdown dances) constitutes a coherent whole--the game lui-meme. Foucault saw pro football as the quintessential mutation of the Classical quadrilateral of language into the Modern anthropological quadrilateral. Actually, he didn't. But it amuses me to think he might have. Ha ha, Boomer Esiason...

Author: /time Magazine | Title: Deconstructionist at the Super Bowl | 1/18/1999 | See Source »

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