The Baby Boomer generation is getting older, that’s a fact. And it’s not just because Baby Boomers represent those aged 45-63.
It could be because they may not be doing the one thing that helps alleviate the onset of premature old-age: finding a partner to spend the rest of their lives with.
That’s what a study from BOWLING GREEN STATE UNIVERSITY found when they were looking at detailed census information about that generation.
Really? Boomers aren’t finding love?
It’s true – 33% of Boomers in that 45-63 age group are not married.
There are some variations on the “not married” definition, however: 10% are widowed, for example. Some are divorced. But even with that, 1/3 of those who are single Boomers have never been married.
They also found that 20% of single Boomers are living in poverty. Single Boomers are also more likely to be disabled, and less likely to have health insurance when compared to married Boomers.
The study concludes that the large number of middle-aged unmarried folks will have issues in receiving care when they get older as they don’t have a spouse or children to support them later in life.
So what are you planning on doing to support your aging parents or single siblings as they get too old to care for themselves?