Baby boom generation starting to retire in or around 2030

zerosquared

https://www.boards.ie/discussion/comment/122023021#Comment_122023021

the same “conservatives” proceed to open threads about having to pay taxes for people on welfare and having to support such people and their sprogs and get them housing

Or moan about school meals

hotmail.com

https://www.boards.ie/discussion/comment/122025029#Comment_122025029

The Baby Boom Era applies to America and doesn't apply to here. It was an era of full employment, greater access to education, greater affluence and economic expansion after the War.

This did not happen in Ireland. Children still left school as early as 13 up til the late 1960s here, something which had disappeared a generation before in America.

Emigration was scandalously high, unemployment was high, conditions were bleak here.

The Baby Boom refers not only to a increase in population but a cultural change in those countries who experienced it.

Both aspects of this period did not happen in Ireland. Have you never talked to an Irish person over the age of 65 before and they will tell you what Ireland was like.

hotmail.com

https://www.boards.ie/discussion/comment/122024991#Comment_122024991

A baby boom means women of all ages having children at the same time. It's not about women having more children.

chopperbyrne

Our baby boom didn't happen until the early 70's, and then a brief surge during the Cetic Tiger years of the 2000's.

Other than that, steady decline overall.

https://www.macrotrends.net/global-metrics/countries/IRL/ireland/birth-rate#:~:text=The%20current%20birth%20rate%20for,a%202.81%25%20decline%20from%202021.

ancapailldorcha

https://www.boards.ie/discussion/comment/122025324#Comment_122025324

I'm not interested in your denials and semantics. There was a baby boom. It happened. The fact that many people emigrated is irrelevant.

Since you're just repeating yourself and providing no evidence, let's just leave it.

hotmail.com

https://www.boards.ie/discussion/comment/122025363#Comment_122025363

Marriage rates in this period were shockingly low in Ireland but those that did marry had very large families which keep fertility rates high.

In America, this is not what happened. Marriage rates were high and families sizes were small, but because marriage rates were so high, the population grew.

Suspect you aren't interested in debating. You never are.

Wanderer78

https://www.boards.ie/discussion/2058346676/baby-boom-generation-starting-to-retire-in-or-around-2030

'burden', seriously, we ll put you down so, when you come of age….

theres no burden here, just a serious lack of will to prepare for this reality, again, the market is not capable of providing us with all our needs, therefore its critical that the state plays a vital role in attempting to do so…..

Peregrinus

https://www.boards.ie/discussion/comment/122025298#Comment_122025298

I don't need to ask others; I am a baby boomer myself.

Yes, the baby boom played out differently in Ireland and in the US; you'd expect that. But that doesn't mean it didn't happen in Ireland or has no meaning in Ireland. It absolutely did play out here, and it did and does have meaning.

hotmail.com

https://www.boards.ie/discussion/comment/122025437#Comment_122025437

Just cringey for Irish people when they use American terms that don't apply to them.

Peregrinus

https://www.boards.ie/discussion/comment/122025443#Comment_122025443

Even cringier when you urge someone to get the perspectives of people born in that era while yourself dismissing the perspectives of people born in that era.

ancapailldorcha

https://www.boards.ie/discussion/comment/122025434#Comment_122025434

Clearly "burden" is being used in solely economic terms. The faux outrage is unnecessary. The more pensioners we have, the more we have to spend on their pensions. That means we either increase taxes, implement new ones, or cut pensions which is political suicide.

Everyone should be able to retire with dignity and a good pension is the heart of that but society needs to adapt if things are to stay that way.

hotmail.com

https://www.boards.ie/discussion/comment/122025463#Comment_122025463

No it's cringey you want to label yourself a baby boomer.

Wanderer78

https://www.boards.ie/discussion/comment/122025466#Comment_122025466

…but this isnt actually a 'burden' at all, this is an inevitability, we have known this for years/decades, yet we have decided the best way to manage this is to simply ignore it, this approach wont work, and again, market based approaches wont work, therefore the state has to step in…

….yes taxes are simply going to have to increase, and not just for the needs of pensioners, but for all citizens needs, we have to start taxing wealth more, and not default towards the usual approaches of consumption and income related taxes, this approach will simply also fail….

…yes people should be entitled to retire with dignity and respect, we have the wealth, we know how to create this wealth, but what we dont have the will to do is appropriately tax and redistribute this wealth….

ancapailldorcha

https://www.boards.ie/discussion/comment/122025520#Comment_122025520

It is a burden, again purely in economic terms before you start with the faux outrage again. Being inevitable does not alter that fact.

yagan

It's nuts that anyone who lived all their life in Ireland would refer to themselves as a boomer. Yes, they may have been born into a demographic boom, but the cultural term boomer is very much a US, Australia, NZ and UK thing. I bet they've also adopted the term expat for Irish emigrants.

Peregrinus

https://www.boards.ie/discussion/comment/122025487#Comment_122025487

What's cringey is that you want me to consider the views and experiences of this age group while so casually dissmissing it yourself.

Seriously, did you not pause to think how that would look? Cringe city, man.

hotmail.com

https://www.boards.ie/discussion/comment/122025576#Comment_122025576

You didn't bother to respond to any of the points I made.

Peregrinus

https://www.boards.ie/discussion/comment/122025587#Comment_122025587

I responded in some detail, with facts, that you ignored.

monkeybutter

https://www.boards.ie/discussion/comment/122023281#Comment_122023281

if you cant read or follow logic then yes done

monkeybutter

https://www.boards.ie/discussion/comment/122023685#Comment_122023685

you seem to be ignorant of the facts, perhaps a bit of self education wouldn't go astray

monkeybutter

https://www.boards.ie/discussion/comment/122025437#Comment_122025437

people use US generations when discussing it is the problem, the issue with Boomers in the states, as seen by those with rose tinted glasses is they had it good in comparison to others

irelands baby boom did not, 70s and 80s ireland when it peaked and thus when they grew up was a bleak and barren land

nothing like what the US baby boomers had

so when People say boomer, genx gen z millenials, none of it applies here

the popes children celtic cubs make more sense

Wanderer78

https://www.boards.ie/discussion/comment/122025544#Comment_122025544

…but again, this isnt a 'burden', the term itself has an inbuilt negative meaning, this isnt negative, this is in fact a critical societal need, we need to make sure that those that do retire, at whatever age, have their most critical of needs met, theres clearly an extremely serious issue rising here, and its clearly obvious our governments are ill prepared for this, they still seem to think market based entities will fulfill these needs, they clearly wont…..

monkeybutter

https://www.boards.ie/discussion/comment/122026282#Comment_122026282

the issue is people dont give 2 **** about it until it affects them

by that point its too late

just human nature

jackofalltrades

https://www.boards.ie/discussion/comment/122025087#Comment_122025087

The economics just won't stack up anymore, the economic burden will become too high on the current working population so changes will have to be made. Working aged people just won't accept higher and higher taxes. So they can fund the lifestyles of retired homeowners, when they themselves are stuck renting into their forties or possibly forever. While the same retirees endless object to any new housing or infrastructure that could make working aged peoples lives better.

ancapailldorcha

https://www.boards.ie/discussion/comment/122026282#Comment_122026282

It is. You can deny it all you want but I've made myself perfectly clear. We're done.

VinLieger

https://www.boards.ie/discussion/comment/122026327#Comment_122026327

Indeed there's 3 options for the future operation of state pension system, raise taxes for the working younger generations and use the gains to prop it up, cut services for everyone and use the gains to prop it up or reform the whole state pension system.

Auto enrollment will help many under 50 when it finally kicks in but the problem is far too many people in the 50+ age brackets decided to ignorantly count solely on the state pension system due to a gross misunderstanding of how it works. Far too many still believe its some form of savings system akin to a private pension however in reality any money paid into the state pension system today is paid out to someone else tomorrow.

Nermal

https://www.boards.ie/discussion/comment/122026327#Comment_122026327

You're writing as if paying taxes is a choice. Unless you think the working age population will strike or emigrate en masse, the scenario you described is exactly what will happen.

Wanderer78

https://www.boards.ie/discussion/comment/122026295#Comment_122026295

i disagree to a point, theres now so much pressure being placed on people, they actually dont truly have the space in their lives to even think about their retirement, this again can be traced back to processes such as financialisation of our property markets, its a monumental failure…

its one of the reasons of why i have always agreed with the auto-enrolment of pensions, this should have been done years ago, but our governments fcuking sat on it as usual, this once again can be traced back to their fundamental ideologies of not getting too involved, to promote more market based approaches, it has simply failed….

https://www.boards.ie/discussion/comment/122026347#Comment_122026347

…you mean, you re done, please dont try speak for me…

Shelga

Ignoring the sniping over the last few pages…

I'm a 36 year old woman, and only now am at a point where I can maybe think about children in the next year or so. I bought a small house on my own 2 years ago that needs a lot of work, and it will probably only be to a decent standard in the next 2/3 years.

I only met someone I could even contemplate having children with in the last year. I think the reasons for this are multifaceted- but my generation moved around a lot in the recession, and lots of us only came back to Ireland at around 30. A lot of men in their 30s simply do not seem to feel up to the responsibilities of having children- they don't think they can provide for them financially or emotionally, and don't seem to have much interest. Lots and lots of them are also living at home until their late 30s and beyond.

The financial aspects of having children are really concerning to me. I already worry about money so much. If my house had cost even 20-30% less than it did, and I didn't have to take out a home improvement loan, this wouldn't matter so much. Everything comes back to the astronomical cost of housing. Then you add creche fees and all the items kids need on top of that, and it's really worrying. I feel less well off on a day-to-day basis at 36 than I did at 26, and I think that's the case for lots of people.

I froze my eggs last year- another €5k. Another cost men don't have to think about. Basically, I don't see how anyone of my generation, or any of my friends, can have more than 2 kids max, because even if you're financially sound and killing yourself in work to afford the house, the window of fertility will close by the time you can do it all.

So yeah, it's going to be an absolutely enormous problem in coming years, for pensions etc.

Geuze

https://www.boards.ie/discussion/comment/122026554#Comment_122026554

This is a very good post, and in a few simple paragraphs it illustrates the social, economic and political challenges facing many societies.

The state and role of young men in the last decade / the housing crisis / cost of childcare, etc.