baby boomers

Stateside
5:51 pm
Wed June 25, 2014

As Baby Boomers age, how are cities preparing for them?

Credit PublicDomainPictures / pixabay.com

As we watch Baby Boomers swell the ranks of America’s senior citizens, how are cities and towns preparing for them?

How will Boomers reshape cities and what can cities do to look ahead and plan for what seniors will need?

Bradley Winick is the founder of the Planning/Aging consulting firm and adjunct professor of urban planning at the University of Illinois in Chicago.

Winick said that while many of the issues that Baby Boomers are facing are the same as issues for previous seniors, one major difference is economic circumstance.

For Baby Boomers, the recession challenged the assumption of flexibility.

“I think a lot of folks felt that they had this fabulous financial nest egg, which was largely in their home,” Winick said.

However, when the economy changes and the lending climate changes, your home is only worth how much someone is willing to pay you for it.

“I think the impact of that manifests itself in a number of ways in respects to how our communities will look in the future,” Winick said.

Winick added that when a city is planning for an older population, it’s important to make sure the city makes the community livable for all ages but also takes a close look at the availability and accessibility of pharmacies, grocery stores and transportation.

*Listen to full interview above. 

Stateside
5:12 pm
Wed June 12, 2013

Baby boomers hold the 'key to success' for automakers

Analysts say car sales are climbing.
Lester Graham Michigan Radio

An interview with John Wolkonowicz, an independent auto analyst.

When you look at much of popular media these days, it often feels as though the advertisers of America are eyeing that young audience. If you're over 55, you could certainly be forgiven for getting the idea that advertisers and agencies don't much care what you want to buy.

Well, a new study by the University of Michigan Transportation Research Institute proves that, at least when it comes to buying cars, it's those often overlooked, sometimes-invisible over 55's who are doing much of the buying.

The study found the 55-to-64 year old baby-boomers are 15 times more likely to buy a new car or truck than the 18-to-24 year olds.

John Wolkonowicz, an independent auto analyst, joined us from Boston today to talk more about why baby boomers seem to hold the key to success for automakers.

Listen to the full interview above.

Commentary
10:19 am
Mon June 4, 2012

Commentary: Two States of Michigan

I heard some interesting ideas about our economic future on Mackinac Island last week at the Detroit Regional Chamber of Commerce's annual conference of the state's movers and shakers. 

Read more