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To: Patrick Slevin who wrote (10787)	4/10/2006 5:40:54 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 12411

Oh, right, I think you're right about that... GZ

To: Patrick Slevin who wrote (10787)	4/10/2006 3:26:30 PM
From: stock2005	Read Replies (1) \| Respond to of 12411

How about 30 million new immigrants who need to buy every thing from house to cars and things for kids. We will have a slow down but not like that, UN-till we start another war, which is stimulant in short term. JMHOP. Farooq

To: Patrick Slevin who wrote (10787)	4/13/2006 9:30:23 PM
From: Patrick Slevin	Respond to of 12411

76 Million Reasons to Reconsider What Is Typical for Those Over 60 By TERRY SCHWADRON Published: April 11, 2006 THIS is the year that demographers have been warning about, when baby boomers start turning 60. For years, the arrival of the country's biggest demographic group, roughly 76 million people born between 1946 and 1964, to the retirement ranks has prompted debates over health care, Social Security benefits, housing and entertainment — the full spectrum of American life. The spike in the number of people entering this age group comes as medicine is helping people to live longer, and as retirement ages are falling. Many more people will be available as volunteers; more may start second or third careers. Marriages will be redefined. With large numbers of people leaving the work force, there could be labor shortages in various industries, probably accelerating moves to send work overseas. By considering sources like Census Bureau surveys and government agencies that track employment, Social Security payments and the like, a few retirement trends — and informed speculation on how they could play out in the future — emerge. ¶There are 35 million people in this country who are 65 and older; there are 60 million over age 55. According to Census projections, those numbers will nearly double over the next two decades, while the youngest age groups in society will increase by single-digit percentages in that time. But among the older set, some continue to work either full time or part time, confusing the "retiree" label. ¶The retirement age at most companies, nonprofit groups and government institutions has been falling. "Actually, for much of the century, the age for retirement has been plummeting," said Sarah Zapolsky, a senior research adviser for AARP, the lobbying group for older people. "Now it's just starting to creep up, though more among men. But it is complicated because you have people retired, but back working; people who've stopped working; people who retired from the military at an earlier age." ¶More companies offer so-called early retirement because there is often pressure to reduce costs by replacing the most senior employees. And Social Security's records tracking initial payments to recipients — that is, when they leave full-time work — reflect a dropping median age. In addition, more folks are dropping out of the work force by choice. ¶Some geographic patterns are surprising: Most older Americans prefer not to move if they can avoid it, according to both AARP and government studies. Most movement among people over 60 is local, seemingly motivated by physical needs and disabilities among retirees who are living longer despite infirmities. Studies indicate that from 1995 to 2000, almost 90 percent of older residents either stayed in their own home or moved within the county — as compared with just more than half of all Americans. nytimes.com