Age Wave

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Ken Dychtwald has focused on aging and the Boomer market for 30 years:

“Throughout most of history, people didn’t age.
They died.”

“Not many people have seen the long term graph [below]. For 99% of human history, longevity was under 18.”

John Glenn, in response to a reporter’s question that his recent return to space was a stunt: “Just because I am 77 doesn’t mean that I don’t have dreams.”

Jody Holtzman, SVP of AARP:

“Only 25% of Boomers are financially prepared for retirement.

Biggest concerns for Boomers:
1) losing mind
2) restricted mobility
3) running out of money

60% of personal bankruptcies are due to a health crisis.

Survey: What is the one thing you would not give up?
* 50+ year olds: my car
• 18-49 year olds: my cell phone

From the Boomer Venture Summit this morning. (Some earlier blogging that I incorporated into my “Demography is Destiny” talk.)

Drift Words, connors934, curiouslee, malaparte, and 3 other people added this photo to their favorites.

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  1. Ace Reporter 33 months ago | reply

    Thank you for sharing your photograph. I have just used it to illustrate my article “IRA Investing is Similar Between the Traditional IRA and the ROTH” on Suite.101, an on-line magazine. Alan Simpson

  2. jgury 13 months ago | reply

    "And what made the industrial revolution possible? Man is first moved by ideas. Francis Bacon, Thomas Locke, Adam Smith, Aristotle, Founding Fathers / enlightenment, etc.
    The revolutionary idea of the rights of man is what enabled the radical advances in technology / prosperity. Ideas move the world long before a piece of technology does "

    Uhhh, the rights of man have nothing to do with the influential thoughts of Francis Bacon. Like his observations about inventions and technology in Novum Organum. "Printing, gunpowder and the compass: These three have changed the whole face and state of things throughout the world; the first in literature, the second in warfare, the third in navigation; whence have followed innumerable changes, in so much that no empire, no sect, no star seems to have exerted greater power and influence in human affairs than these mechanical discoveries." Means that technology itself and the control of it by knowledge is power.
    Likewise, grouping Aristotle with Bacon, who are stark opposites vis-a-vis the new methods of science in opposition to the religious dogma of Aristotelian scholasticism is a bit odd.

  3. jgury 13 months ago | reply

    " As human attention, and technology, and progress systematically address the scourges of the planet, religion starts to rise from the noise as one for which almost everyone just looks the other way or makes apologies or says the topic is beyond discussion" Unfortunately the truth is that human technology and progress are by numerous obvious and undeniable criteria, planetary scourges of a vastly higher order of power now than all religion. In fact human progress, the benefits of technology and the unlimited pursuits of humanist happiness are the big things for which almost everyone just looks the other way or makes apologies or says the topic is beyond discussion.
    I find this fixation on Religion cast a the great scourge of civilization standing in the way of a utopian global kumbaya of scientific enlightenment bizarre to say the least. I don't think you can regard thinking that a realistic goal is to rid the world of religion as a rational outlook.
    and that it is at best quixotic. Even as a simplistic reaction to understanding an event like 911 and then an excuse for the most absurd and jingoistic war mongering, ignorant racism and worse. The entire argument that religious fanatics with WMDs are the great wild card for justification of this stupidity, since they are such unpredictable mad dogs, is just that, stupid and ridiculous. How predictable and dangerous to world peace is a North Korea, Israel or Pakistan with respect to serious triggering events because of problems posed by religion? For that matter, if mad dog religions of the world are the real problem then the entire US is beyond any Taliban disneyworld terror funhouse for crazed fanatics.

  4. jgury 13 months ago | reply

    "As for Dawkins, some very interesting work in genetics, and biology. When it comes to atheism, he becomes the Elmer Gantry of that belief system." Elmer was more a small time con man charlatan in the classical American evangelical tradition. Dawkins is very different. Certainly not small time but actively deceptive on any number of topics with a curious lack of numerical accuracy, understanding of history, philosophy, world religion and even the fundamental evolution of atheism. In that sense he is similar to Elmer Gantry when compared to more seminal and significant atheist thinkers, but more as a pop cultural icon. He is no Marquis de Sade in other words and more similar to a Deepak Chopra. Richard Dawkins : Atheism :: Shakespeare in Love : Shakespeare

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