What happens when the baby boomers die?

[LargeSquareRock]

Sorry about the title, but that’s literally it. I’ve wondered this since I was a child.

Obviously we are about to enter a 20 year spike when a smaller number of tax payers support a higher number of elderly people in healthcare and elder care.

What happens in 20 years when the spike is over? Do we have empty care homes, plentiful housing and easily available health care?

I really have no evil agenda asking this- demographics has always fascinated me.

As a WW2 baby, I see a number of houses all paid up. I see my peers going on to 85 or more. One, two or three children. More than a few children have predeceased their parents.
So when my cohort shuffles off their will be a release of assets onto the market.
The assets will be family home and savings. Perhaps this value being split 50/50.
It will not be so clear cut as that because savings may have been used to fund care.
The inheritance may be divided between grandchildren.
The Boomers children may have married more than once. Hence a proportion of inheritance skipping a generation.
There will not be sudden wealth descending on suburbia as large houses are sold off.

@LargeSquareRock

Totally understand your original post, unfortunately you have been derailed by all the anti BB sentiment that exists on this website.

THIS IS NOT AN ATTACK ON BABY BOOMERS. WHAT HAPPENS WHEN THE BABY BOOMER GENERATION (who are fab) LEAVE THIS MORTAL COIL?!

Shouting into a void @LargeSquareRock

My parents earn more now from pensions and investments than they did when they were working so I should hope they do pay more tax 😂

op I know the modelling is that the pensions crisis will ease as the baby boomers pass on, we will have a more "pillar" shaped demographic than an inverse triangle. Hopefully that means that pensions/retirement will become a bit easier for us younger generations.

Totally understand your original post, unfortunately you have been derailed by all the anti BB sentiment that exists on this website.

We must be on a different thread!

Nice try, boomer hater!!!!!

(sarcasm)

What about the extra ten million (and growing) people who have joined the uk population. Many of these people may have massive ongoing health needs both physical and mental, many will go on to have big families. Some will assimilate, many won't. Will we see a rise in sectarian politics and the change this will make to uk life? These are the things that worry me, not what will happen to grans house.

If you had read my OP and my PPs you would understand that this post is not about baby boomers. It’s about how society will deal with things after a society geared to support elderly baby boomers doesn’t need to support elderly baby boomers anymore. Because they have died. Just like generation x me will die.

If one looks at old films of even London, the streets were so much emptier in the 1960's.

There is a video of a car journey by a driving instructor London to Bath from the 1960's, and the roads are empty.

A journey many are quite familiar with- it's nothing like this now!

Why won't you be able to pay your rent?

I hate the “Ok boomer” slur

So don't use Boomer in your thread title .

Or is that your weaselly "sorry but"?

The term Boomer isn't actually a slur. It's just refers to a generation. It's no more a slur than GenX or Millennial are.

I am just a boomer and I am already helping my children to get on the property ladder and providing free childcare and helping out with holidays etc. I don't think any generation of grandparents has ever had to provide so much support to their adult children ( money towards housing or living at home until I their 30s to save on top of childcare etc ).
We know only too well the struggles as we see it in our own children's lives. I got no help financial or practical from my own parents with my children . I had an autistic son and there were no.private nurseries never mind ones for disabled kids, there was no before or after school clubs or wraparound care and grandparents were not expected to provide any of that stuff so we struggled along on a v low wage in poverty for years. ( no top up benefits either )
And yet apparently our generation is entirely to blame for the ills of the current generation. I am sick of the whole narrative.
In all generations some get the breaks and others don't. That's life ! My generation was taught to get on with it and we did. Perhaps your generation should do the same.

Because they have died. Just like generation x me will die.

Its offensive to some to say people die though…

The problem with this is the abysmal lack of support from successive governments in introducing realistic and empathetic measures to get disabled people into work. There is no attempt to educate employers, no real consequences to failing to provide reasonable adjustment in the work place for disabled people, and no attempt to link healthcare to the ability to work. With the NHS in its’ current state, it hasn’t a hope in hell of providing the treatment people need to either get them back to work in a reasonable time frame, or stop them from falling out of work because of ill health.

The current policy of compulsion and sanction needs a rethink because you can’t just shove a disabled person into the nearest available job and hope for the best, relying on sympathetic employers and reasonable adjustment - which is pretty much what happens now.

Most people born with serious congenital disability such as Spina Bifida and other neurological conditions for example, have complex multi form disability and should never face compulsion to work if it will make their lives any more difficult than they already are. The biggest problem for severely disabled people is that the Tories took away the last vestiges of sheltered employment. They closed the Remploy factories and other sheltered workshops, saying they were outdated and irrelevant in todays’ society. They weren’t. They provided meaningful employment for those too severely disabled to compete in open employment and gave them some dignity in being able to support themselves. But they were subsidised by the government and at the time, ideological austerity took precedence over decent humanitarianism.

Until we have a proper joined up system which appreciates the difficulties faced by disabled people in the workplace, and introduce a better assessment system than the completely unfit for purpose one we have now, unemployment among the sick and disabled isn’t going to get any better.

A lot of posters here seem to have very rich parents with investments and huge houses, this is not true of all older people

Interesting, that figure is lower than I thought. Thanks for the info.

Ok hadn't read the title properly, so maybe this is a slight at the boomer population, who knows.

BUT WHAT HAPPENS TO SOCIETY AND THE WAY SOCIETY IS ARRANGED WHEN YOUR GENERATIONS DIES!!!

FFS are people really this obtuse?

And yet apparently our generation is entirely to blame for the ills of the current generation. I am sick of the whole narrative

How on earth can this be your take away after reading the OP?

Yes it is.

You don't get to tell me what is a slur to people of my age group.

I loathe the term boomer because it's intended to insult but for the purpose of the thread I'll use it.

I think the shift will also exacerbate the north south division due to the difference in property values.

Most boomer generation didn't inherit much themselves so it's really the next generation who will benefit. The next generation being quite widely spread among age groups.
My DC are gen Z but most of my generation had children much earlier so could be X or millennials.

Well they don’t, never said they did.

The fact is that the welfare state was envisioned when people had far more children and didn’t live as long.

It wasn’t supposed to matter that people paid less tax over their lives because there was always supposed to be more tax payers than pensioners. Plus most people only lived 5-10 years after retiring.

Stating facts isn’t disparaging older generations.

It usually is on MN.

Socielty evolves the way it always has.
It is not a difficult concept. Read back through history, when events like the Plague occurred, where populations were wiped out, and WW1/WW2, and the women were left without husbands.
Times are tough sometimes, but governments need to deal with these situations as they arise.