The Superboomers!

thequant

Often carefree, cash-rich and keen to hang on to their youthful vigour, Britain’s over-50s have been dubbed the ‘Superboomers’.
Wealthier, healthier and more active than their predecessors, a report says this generation are leading subtle shifts in society.
Having climbed the career ladder when the economy was booming, this group has a respect for life experience and the insights that come with age, it is said.




http://www.dailymail.co.uk/news/article-2715106/Superboomers-50s-relishing-good-life-Generation-leading-subtle-changes-society-wealthier-healthier-previously.html

They've worked hard and deserve every penny!

PasturesNew

I'm in that group .... just ate some 3 day old Lidl oven chips and opened a can of mushy peas..... not all over 50s are loaded

lisyloo

I'm 46 and don't have a gold plated pension, but many of my hobbies - dancing, cruising (ships), motorcycling, scuba diving are full of people in their 50s.
That seems to be the demographic that has money to spend.
I wonder what the impact will be on a number of leisure businesses in generations to come. I don't think they'll have the same money to spend.

ukcarper

lisyloo wrote: »

I'm 46 and don't have a gold plated pension, but many of my hobbies - dancing, cruising (ships), motorcycling, scuba diving are full of people in their 50s.
That seems to be the demographic that has money to spend.
I wonder what the impact will be on a number of leisure businesses in generations to come. I don't think they'll have the same money to spend.

Chances are people in their 50s will still be working and I had a lot more disposable income in my 50s that I did in my 40s kids starting work made a big difference as did mortgage paid off .

PlymouthMaid

I am nearly 52 and am pretty poor. I work in a badly paid professional job but have no disposable income and no pension other than State. As above, many over-50s are far from loaded.

daveyjp

Rose tinted spectacles time again. Especially the bit about the economy booming.

I'm sure at the time of double digit mortgage rates, high inflation, recession and house prices crashes these over 50s weren't thinking life was so wonderful.

N1AK

thequant wrote: »

They've worked hard and deserve every penny!

Obvious troll is obvious

Generali

thequant wrote: »

They've worked hard and deserve every penny!

All of them?

I'd imagine if you take any section of society: rich people, young people, black people, gay people, rabbit owning people, rapists, rabbis, rastas then you'll get some that are hard working, some that are lazy and some that are in the middle.

This is just another stupid stereotype, like all those other newspaper articles that identify a 'tribe' and write a bunch of stuff about them (YUPPIES, Mondeo Man, DINKIES etc). It's rubbish and even a rag like the Mail only normally prints this crap in August.

I've worked with loads of people now in their 50s that have been really lazy (one Scottish IT bloke in particular springs to mind) and loads that have been really hard working (a Scottish stock loan trader especially).

Generali

daveyjp wrote: »

Rose tinted spectacles time again. Especially the bit about the economy booming.

I'm sure at the time of double digit mortgage rates, high inflation, recession and house prices crashes these over 50s weren't thinking life was so wonderful.

You mean 1974? They would have been 9-18 at the time so not so likely to own a house!

Conrad

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daveyjp

Generali wrote: »

You mean 1974? They would have been 9-18 at the time so not so likely to own a house!

The article says "over 50", so those in their late 60s now would possibly have owned a house in the early 70s.

There were also double figure interest rates and a house price crash in the late 1980s which affected those now in their 50s.