I listened to final night time’s State of the Union deal with with quite a lot of anticipation. Not as a result of I’m inclined politically, however as a result of, as all of us know, the best way the winds of politics blow immediately and not directly impacts the flexibility of a monetary advisor to correctly advise the shoppers.

So final night time, whereas others might have been ready to listen to about authorities instructions for taxes, battle or training, I used to be ready to listen to about child boomers.

The Child Boomers

Child boomers are these born between the years 1946 and 1964, and, look forward to this…. An estimate completed by the Pew Analysis Heart calculates the variety of folks within the child growth era in the USA as someplace round 71.6 million folks.

I additionally must confess I’m a child boomer myself, of 1955 classic.

Contemplating that the USA inhabitants is hovering someplace round 330 million, we are able to agree that the newborn growth era has a doubtlessly enormous influence on elections.

The State of the Union deal with delivered final night time was aimed squarely on the 70 million plus folks within the child growth era. It was illuminating when it comes to what it did say and what it didn’t say.

President Biden made it clear that he intends to maintain Medicare and Social Safety intact.