The term "baby boomer" refers to a person born between 1946 and 1964.



The baby boomer generation accounts for a sizable proportion of the global population, particularly in developed countries.



Baby boomers have had and continue to have a tremendous impact on the economy being the largest generational group in U.S. history (until the millennial generation narrowly exceeded them).



A "baby boomer" is a member of the enormous group born between the end of WWII and the mid-1960s.



The baby boomers are an economically influential generation due to their large numbers and the relative prosperity of the US economy during their lives.



Today, baby boomers are reaching retirement age and are confronted with significant issues, including how to pay their retirements.



Baby boomers developed following the end of World War II, when birth rates worldwide increased. The baby boom was named after the massive influx of new babies. 76 million infants were born in the United States alone during the boom.