April 16, 2012 4:25 PM Subscribe
Baby Boomers facing bleak future - alone.
posted by VikingSword (74 comments total)
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'Startling new statistics from Bowling Green State University’s National Center for Family and Marriage Research
(NCFMR) paint a bleak future for the largest generation in history, the baby boomers, as they cross into old age.'
'Using data from the 1980, 1990 and 2000 censuses and the 2009 round of the American Community Survey, Dr. I-Fen Lin, an associate professor of sociology, and Dr. Susan Brown, a professor of sociology and co-director of the NCFMR, found one-third of adults aged 45-63 are unmarried. This represents a more than 50 percent increase since 1980, when just 20 percent of middle-aged Americans were unmarried. Most single boomers are divorced or never married. In fact, one in three single baby boomers has never been married. Just 10 percent of unmarried boomers are widowed.'
'According to Brown, one in five single baby boomers is living in poverty compared to one in 20 for their married counterparts. Single boomers are twice as likely to be disabled, but they are also less likely to have health insurance.'
'Of particular concern is the large share of unmarried boomers who have never been married. According to the researchers, the probability of marrying for the first time during middle age is extremely low, meaning that nearly all of the never married boomers will remain unmarried. “The economic and health vulnerabilities of single boomers are concerning because boomers are now moving into old age when failing health becomes even more common and severe,” said Brown.'