nd uncomforted familial ties. The generation that thought mostly of themselves may find themselves living on their own with out any family support (Monaldo F. 2000)Americans longer life span mean that many will continue to invest, and they will be spending more money during their retirement years. From age sixty-five to seventy five, they will be spending as much money as usual (Fahey M. 2001). From age seventy-five to eighty five to eighty five they will be slowing down and may want to start helping their children and grandchildren. After age eighty-five they will be spending more of their money for medicinal purposes. Investment brokerages, banking institution and financial services will benefit from the infusion of savings and financial planning that they will be involved in.The growing numbers of baby boomers with medical situations are on the rise. In the article, A Baby Boomer Boom (Kirchheimer, B. 2001) Trent Healthcare Corporation (A For Profit Hospital), during the six month period which ended November 30, 2000, say that volume at the hospital rose twelve percent for people aged fifty one to sixty years old. They expect that the usage of the hospitals by the elderly will increase in even greater numbers in the years to come. With this knowledge they plan to focus on treating the types of medical problems they are most likely to experience: cardiology, gynecology, orthopedics, oncology and neurology. Other fields of healthcare will be in optometry and audiology. As people grow older, eyesight and hearing are usually the two senses that will deteriorate before the body gives way.Pharmaceuticals, and drug store chains will be affected greatly by the emergence of the baby boomer into the retirement age. The youth obsessed baby boomers will want to maintain a youthful appearance, long life cycles of anti-aging creams, hair color treatments, nutritional supplements, and a host of future products that can promise to make people look a...
