As a group, they are not preparing financially or socially for old age. They will require more services but not be well-equipped to pay for them. As a society, we have only about twenty years to put into place the infrastructure to support a largely older population. Existing homes must be modified to make them more safe and accessible. The workforce is aging.
Work gives meaning to baby boomers' lives.
They'll retire from their career job but work somewhere else. A shortage of workers will require organizations to encourage older workers to remain in the workforce. Workforce issues include relationships between workers of different generations doing the same jobs, ergonomics and other physical safety issues, and changing benefits to accommodate an older workforce. The median age in 2030 will be 50. Expand the creative use of people in our aging population as paid and non-paid workers.