Generally, you'll see terms like "demographic collapse" instead, but yeah basically.
A lot of people were born during the immediate post-WWII years. Those people are now dying. Cause and effect.
Generally, you'll see terms like "demographic collapse" instead, but yeah basically.
A lot of people were born during the immediate post-WWII years. Those people are now dying. Cause and effect.
Starts with a "oh shit these old people have expensive healthcare needs!", proceeds to "how the hell are we going to pay for their elder benefits?" (Social Security in the US), and eventually to "even their houses got gobbled up by the banks and private capital when they had to reverse mortgage their homes to pay off their medical bills and live out their final days...."
yes. it's actually a huge thing the funeral world is dreading.
Publicly dreading, privately planning what they are going to do with all that extra cash.
I like to call them death waves because that is what we called them in Cities Skylines.
The "baby boom" happened between 1946 and 1964, an 18 year period. Not everyone will die within an 18 year period. Some have already passed, some will live into their 90's and could be around until the 2060's
A baby is the product of birth, the product of death is a corpse, so it'd be a corpse bloom.
The worst part of WWIII will be the second wave boomers, because they’ll trigger WWIV when they age out of relevancy.
I think you may be looking for this: https://ourworldindata.org/births-and-deaths
It's normally thought of as more of a "baby bust" but same thing really, a big whack of old people around for a while.
Retirement is more of a synchronized event, because folks generally retire around the same age...
People are generally born at the same age too.
Yes, but the point is their dying is more of a distribution.
Unless it's Cities Skylines. Then they all die at the same exact moment and your entire network gets slammed with hearses unable to get anywhere.
Nah bro you just need more cemeteries and crematoriums, more hearses. Less dense neighborhoods with more mixed zoning.
Ugh happened at my job. Everyone older than me retired. All of them. So only ppl my age are running the show. Didn't help they did payouts for early retirement 3x.
Americans can't afford nursing homes and elder care.
So, afraid death it is. Hope there's no reverse mortgage for any of you to deal with.
Sort of. You do get an increase in death rates decades later as people from a baby boom eventually die. However births tend to be in relative sync (closer together anyway) during a baby boom say over a period of a few years, while deaths are much more spread out maybe over a decade or more. That's because other factors come into play such as individual health, and the differences in people of the same age's health depending on economic state and lifestyle etc. In otherwords, lots of people may have been born in say 1945 but their deaths will be spread out over years because not everyone dies at the same age.
Many western countries are going through a period of natural population decline due to low birth rates and increasing death rates as baby boomers from 1945 onwards start dying. But those deaths are spread out, and somewhat offset by immigration. So yes more people are dying but populations are overall stable or even growing as immigrants flow in.
Of the 76M Boomers born between '45 and '69, 64M are still alive. With a life expectancy of 85 and the first traumch entering their 80s this year, we would expect to see a rapid fall off in the population (or a rapid climb in life expectancy average) over the next decade
Yea, but it has more to do with baby boomers wrecking everything than anything else.
We generally call those wars and plagues.
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