Table of Contents
see also: trends
Demographics Trends
"There will be more than 1.5 billion people worldwide over the age of 65 by the year 2050, according to the US Census Bureau."
Top Trends to watch:
1. Tech-savvy generation is moving into management positions. tech trends to watch As the first mass of really technical executives (30 to 35 year olds) takes traction in senior mature executive positions they are bringing with them new ways to solve problems and collaborate. Chris Manning
2. Baby boomer generation US - mass movement to Florida, Arizona...and other "alternative" retirement spots in Mexico, Costa Rica, and other Central American spots
3. Countries such as China (and Korea?) has something like 20 million men that have no way of ever marrying....because there just are not enough women (due to a mixture of cheap ultrasounds, a "one child policy", and a lack of a social safety net). Will this lead to social unrest? war? what will be the solutions? underlying trends that are shaping our world today
4. Emerging Markets: "In 2020 the median age in India will be 28, compared with 38 in America, 45 in western Europe and 49 in Japan. But the dividend will be paid not just in the form of more favourable dependency ratios but also in a more entrepreneurial business culture. Young people are innately more inclined to overthrow the existing order than are their elders. This predisposition is being reinforced by two big changes in the emerging world.....This argument needs to be qualified. China, the emerging world’s most powerful engine, is ageing rapidly, thanks to the one-child policy: by 2020 the average age in China will be 37, almost the same as in America." Read more from The Economist.com here
Baby boomers generation ages: what are the impacts?
PE opportunities:
With 12 million baby boomers, who own private companies, fast approaching retirement, there are and will be many fine acquisition opportunities. This should be an opportunity for the Private Equity industry...
Economics:
As US baby boomers retire, a generation that lived through unprecedented prosperity—and has correspondingly high hopes for its golden years—must cope with significant financial, physical, and social challenges. By 2015, the United States will have more than 45 million households with people from 51 to 70 years old, compared with about 25 million for the "silent" generation, born from 1925 to 1945. Their real disposable income and consumption will be roughly 40 percent higher, and they will control nearly 60 percent of US net wealth.
Nonetheless, reality may fall short of their expectations. McKinsey research reveals that 60 percent of the boomers won’t be able to maintain a lifestyle close to their current one without continuing to work. The same percentage of older boomers already suffers from chronic health problems. Not surprisingly, 43 percent already are frustrated that they aren’t leading the lives they expected. To learn more about the future of retirement, read “Serving aging baby boomers” (November 2007).
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