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Baby boomer parents will determine the prosperity of their children, says IFS


The IFS chief said there were several “known unknowns” linked to the UK’s exit from the European Union that would affect the economy, though he stressed it was too early to gauge the long term impact on the UK.

“I don’t think it is within most people’s bound of uncertainty that we will have anything close to what happened in 2008, but there are changes coming along and we don’t exactly know how the economy will respond to them,” Mr Johnson told the Treasury Select Committee.

Mr Johnson said rates of owner occupation for those in their twenties were now half what they were 20 years ago, while the proportion of workers in the private sector contributing to a defined benefit pension scheme was now close to zero, compared with around 40pc in the 1980s.

He said those in their twenties and early thirties also faced “real problems saving substantial amounts through pensions [because] negative real interest rates make it very, very hard to save significant money over time.”

Michael Phelps Swimming With Baby Boomers Live – Micheal Phelps Son Boomer


Micheal Phelps Swimming With His Son Boomer . Live From facebook Mention .
Micheal Phelps Angry Face . Olympic Rio

Study Finds Baby Boomers Stroke Risk Lower Than Gen X


You may think that Baby Boomers are at higher risk of stroke than the younger Gen X’ers, but you would be wrong, a new study shows.

According to a new study, older baby boomers – those born between 1945 and 1954 – can proudly boast that they are the “stroke-healthiest generation.”

The study found that the lowest incidence of ischemic stroke – the most common type – is in this age group within the past 20 years. In contrast, the rate of stroke more than doubled in Generation X, people born between 1965 and 1974, during the same time period, say the researchers at the Rutgers Robert Wood Johnson Medical School in Township, N.J.

“The incidence of stroke has decreased significantly overall since 1950, due to the advancement of medicine, however, we found that trend to be reversing in younger generations where obesity and diabetes are likely causing an increase in cardiovascular disease,” says lead author Dr. Joel N. Swerdel.

The researchers analyzed more than 225,000 records of stroke data between 1995 and 2014, separated into five groups, each with a 10-year age span.

The analyses found that persons born in the 20 years before 1945 and those born in the 20 years after 1954 had higher risks of stroke.

Only the group who are now between 60 and 70 years of age saw a reduction in the incidence of stroke during the range of years included in the study.

The researchers contribute the upward trend to several factors, including the lack of adherence to prescribed treatment, such as taking medicine to control blood-pressure, and a significant increase in obesity and the prevalence of diabetes, both risk factors of cardiovascular disease.

Although the data only included people in New Jersey, the researchers believe the trend is reflected nationwide.

The study appears in the Journal of the American Heart Association.


© 2016 NewsmaxHealth. All rights reserved.

Restaurant Training – Waiter & Waitress Training Tips For Customer Service – Hospitality Education


Did you know that approximately 14 percent of your customers will not return to your business because of food quality and 68 percent because of service quality? So, does not it make sense to train your waiters and waitresses to deliver superior service to win your customers back every time?

To gain the competitive edge today, you have to do much more to place your restaurant on the "favorites" list. One way is through personalizing service for each type of customer that comes to your business. For example, selling and service techniques employed for a family with children are different from that which would be delivered to elderly customers. The same holds true for business customers versus vacationers. It is never safe to think that your restaurant service staff will inherently understand these differences. Unless trained, they are most likely to offer one size fits all service.

Teach your waiters and waitresses to be observant and follow the tips below to help assess the needs of your customers:

• Time limitation (leisurely or time restricted)
• Mood (celebratory, romantic, stressed)
• Age group (children, teenagers, baby boomers, seniors, geriatrics)
• Purpose for their visit (social, private / intimate, or business)
• Gender (male, female)

Since approximately 80 percent of communication is conveyed through facial gestures and verbal and non verbal body language, as opposed to the actual words, teach your service team to focus on the following areas:

• Verbal Language (voice tone, rate, inflection, speech, pronunciation, and grammar)
• Body Language (eye contact, facial expressions, gestures and movement)

Look for telltale signs of a customer in a rush such as looking at their watch, looking around or rubber necking, talking quickly, crossing their arms, or tapping their fingers. Also, closely observe your customers' image (eg clothing, accessories, hair, makeup, etc.). This can also provide you with many clues about their dining needs.

Here is an exercise to share with your service team. It lists various types of customers and ways to customize service for each customer category. During a pre-shift meeting or company training session, review this exercise with your restaurant service staff.

Customer Types and Service Suggestions:

1. Celebrating
-Since Celebrating customers usually have larger budgets, suggest higher priced items along with party-spirit foods / drinks and a cake to recognize the occasion
-Congratulate The celebrating customer and focus on their main event
-Be Social unless serving a couple desiring privacy

2. Elderly
-Since Many elderly customers are on a limited income, guide them towards value-oriented foods and recommend light, soft, and less spicy foods
-Be Patient and speak slowly, project your voice, and listen carefully
-Refrain From acts which can be construed as condescending or treating them like children

3. Family (with children)
-Offer High chairs and booster seats
-Be Prepared to make kid-favorite suggestions and easy to eat finger foods
-Offer Something to occupy the child's attention (game books, crayons, crackers)
-Be Patient while the family orders and give the children the opportunity to place their order themselves
-Sincerely Compliment the customer about their children
-Ask The child kid-friendly questions
-Place Drinks where spills are less likely and remove obstacles (eg vases and centerpieces)
-Quickly Clean spills and keep the area tidy
-Deliver Extra napkins

4. Romantic Couple
-Guide The couple towards a booth or secluded area for privacy when seating them
-Suggest Higher priced items along with wines, champagnes, and exotic desserts, since romantic couples and people on first-dates usually have larger budgets
-Deliver Highly organized and efficient service
-Minimize Your conversation and allow them privacy, without hovering over them

5. Business
-Suggest Higher priced items, since many business people have business accounts and set allowances
-Suggest Items that are prepared quickly and inform them if their selected order requires a long preparation, if they are on a business lunch
-Deliver Highly organized and efficient service and ensure their order is delivered promptly
-Minimize Your conversation and allow them privacy without hovering over them

Please Note: When serving alcohol, train your staff to be aware of the signs of intoxication and avoid overselling alcohol. Teach your staff to refuse alcohol sales to any minors.

Other customer types include customers dining alone (the solo customer), disabled customers, teenagers as customers, customers who are in a rush, first-time customers, and customers who dine in large groups / gatherings. Again, each different type of customer has "specific" service needs. Along with recognizing the category customers belong in, the above service suggestions are meant as recommendations and are not set in stone. Always, be sure to fully assess every dining customer by closely observing verbal and body language to determine how to positively interact with them. Mike Owens, General Manager of Brick Oven LLC, located in Topeka, Kansas, says, "Using the above examples in role-play scenarios is a highly effective method to properly train your service teams … it helps them fully understand the importance of tailoring their service versus delivering the same canned service to everyone. "

"Service" is not just about delivering food and drinks to the table-it is giving the customer much more than he / she expects. Implementing a solid training program that focuses on personalizing service will set you apart from your competitors. Exceeding the needs of each customer with customized service takes a little extra time. However, it is worth the effort. When the customer wins, everyone wins and it's a triple play-more money for you, increased tips for your service staff, and happy customers that become loyal patrons and refer their friends to your business.

Advantages of Social Media to Businesses


I have been an active internet user and have recently launched an online business service website. I have been hearing lately lot of marketing gurus taking about the use of social media to have better business scalability and was keen on knowing how can social media benefit my business?

The findings that I came across are very overwhelming. It has completely changed my prospective on how easy it is to expand your business by using the various social media tools available. I am today going to share with you what I have learned so far.

What is social media marketing?

Basically it is a process which is used for promoting your site or business using the various social media channels. It helps in driving all the relevant traffic to your website and is a powerful marketing strategy tool.

When we talk about the advantages of Social Media Marketing to Business, they are endless.

· Online Conversations: Using a social channel helps in building a brand value online. A strong social message can create a huge impact on building brand name for your online business. It is more like a viral marketing which keeps multiplying on its own without having to make much effort once initiated using the right methods.

· Quick Turnaround: If you plan your social media marketing strategies right, you can see a quick response. Instantly you can see an increase in your website traffic. But it does not mean that your conversion rate will increase however it will surely generate the momentum.

· Cost Effective: Business social media marketing is the most cost effective and therefore it is being used by many marketers in different ways to directly connect with the customer instantly.

· Search Engine Ranking: When you do it the right way it brings large amount of backlinks that also impacts your search engine ranking.

· Compatible with Other marketing strategies: You can run both the traditional marketing campaign and the other advertising campaign along with your social media marketing promotion.

Connecting with your target audience using the social media tools is the best way to have a more saleable online business. Not only does it helps in building traffic but also helps in improving your search engine visibility level.

Social networking sites and other social methods of marketing have helped many small business houses to achieve their business targets. It is the best way of developing link baits and getting popular. You can have both primary and secondary traffic to your website and increase your chances of getting leads converted to profitable business.

If you are running a new website then having a social presence online will get you noticed and help in familiarizing your services or products with the community of target audience. It is a medium through which gives you chance to be heard or read. An impressive and enticing social media campaign will definitely help you in drawing people to your website. It is the fastest, cheapest and the most reliable way of building relevant traffic to your website.

The Day – Trump’s baby boomers seek nostalgic fantasy


On the morning of Nov. 9, the Storrs campus at the University of Connecticut was stunned into silence. Donald Trump had just been elected president. My fellow millennials, like me, thought that Americans would reject the boorish and vengeful business magnate who ran a vulgar and haphazard campaign.

We were wrong. Trump ran a campaign on the promise of creating a national safe space for baby boomers, and he won.

As millennials, we should have expected that.

I attended an anti-Trump rally on campus that afternoon. Students expressed solidarity with the undocumented immigrants, women, and people of color. Even I, as a Jewish man, am distraught by Trump’s selection of Stephen Bannon, a man who is well known for harboring anti-Semitic attitudes, as his chief strategist. Yet the threat to civil liberties posed by a Trump administration is far greater for those who do not look like me.

In response, students at my university created a safe space. It was important, it was valuable, and I was glad to have been a part of it.

My generation is often criticized for its supposed childishness and oversensitivity. A recent slew of op-eds has exploited these protests to lambast millennial immaturity. Rudy Giuliani called college protesters a “bunch of spoiled crybabies.” Carl Cannon opined, “Baby boomers teach millennials right response to Trump.” The assault on millennials has primed the public to assume the worst about us. A satirical op-ed in which millennials received participation prizes for taking part in anti-Trump protests was taken seriously on social media. The fact that the joke was lost on so many people is telling.

Now, I am not wild about everything that is said or done on college campuses like mine. I take particular exception to chants of “Not my president!” Like it or not, Donald Trump is the president-elect, and to reject this fact offends our democratic institutions. I also share many of the concerns about tolerance for intellectual heterodoxy on college campuses that have been thoughtfully expressed by Greg Lukianoff and Jonathan Haidt.

Nevertheless, the constant brow-beating of millennials and their safe spaces rings hollow following this election. Trump’s victory is a win for those who wish to see the country return to a time when America was “great”; to a time when the American economy stood alone on the world stage in the aftermath of two world wars; to a time when white, male, straight, and cisgender hegemony reigned supreme; and to a time when American life was characterized by small-town values, local manufacturing, consensus politics, church on Sunday, and homemade apple pie.

The notion that we can, or should, return to this time is far more infantile than playing with crayons on a college campus. Millennials know that Trump’s regressive vision of America is a nostalgic fantasy. The future will be driven by pluralistic urban values, a globalized economy, hyper-partisan politics, brunch on Sunday, and Blue Apron for dinner.

These trends might make some baby boomers feel unsafe, but no electoral campaign can turn back the tide of history. Millennials will continue to be criticized for creating safe spaces on college campuses. Meanwhile, Trump supporters are hoping that their man in Washington will create a national safe space by forcibly removing undocumented immigrants, building a wall along the border with Mexico, and implementing tariffs in a futile attempt to keep manufacturers from leaving the country.

In Trump’s America, it looks like it’s safe spaces for everyone. One can only hope that, in a future where Americans are stronger together, we can break down the border walls of our generational safe spaces and hold the difficult dialogues necessary to move our country forward.

Ian A. Gutierrez is chair of the American Psychological Association of Graduate Students at the University of Connecticut.


Generation Xers Have Higher Stroke Risk Than Baby Boomers : HEALTH : Tech Times


People who were born between 1945 and 1954, also called baby boomers, are the most risk-free generation when it comes to suffering from stroke. A Rutgers study revealed that the lowest incidence of ischemic stroke belongs to this age group within the last 20 years.

At the opposite pole, people born between 1965 and 1974, also called Generation Xers, are twice as possible to experience this medical condition, as the rate of stroke more than doubled among this population.

Generation Differences In Stroke Incidence

The research, published Nov. 23 in the Journal of the American Heart Association and developed at the Cardiovascular Institute of New Jersey at Rutgers Robert Wood Johnson Medical School, analyzes the evolution of the incidence of stroke since 1950s.

The overall report shows that the number of cases decreased thanks to the advancements of medicine, according to Joel N. Swerdel, the lead author of the study. While the older generations are safer when it comes to this medical condition, the younger generations are more exposed to it, mainly because of the alarming rates of obesity and diabetes, which can lead to developing cardiovascular disease.

The scientists investigated more than 225,000 records of stroke, dated in the interval 1995 and 2014, in order to come to these conclusions. The records were divided into five groups of 10 years each. The set of people who are now aged 60 to 70 is the only group to have a decrease in the stroke incidence.

“A higher incidence of stroke in individuals born before 1945 was not surprising, as they did not benefit from the availability of lipid-lowering drugs, such as statins and anti-hypertensive therapy, as did younger generations,” noted John B. Kostis, the principal investigator of the research.

Diagnosing Stroke – Easier Than Ever

However, while the situation for the oldest age group is understandable from a medical standpoint, people in the age interval of 35 to 50 benefited from the medical advancements, as well as awareness campaigns, and should have a significantly lower stroke incidence.

The results of the research concerning this age group is alarming, and the researchers believe that although the data only analyzed patients in the New Jersey, the statistics can most probably be extrapolated to the entire population of the United States.

Another note of the researchers concerns the technology that is used today when diagnosing stroke, such as MRI machines, which could influence the percentages, along with the differences in the admission procedures between the time intervals.

© 2016 Tech Times, All rights reserved. Do not reproduce without permission.

Baby Boomers: one of america’s most lucrative demographics


With more than 75 million people fitting into the american baby boomer demographic, it is easy to understand why this group would be important for REALTORS® to understand. Even more eye-popping to REALTORS® is the fact that more than 70 percent of baby boomers own homes and will be looking to homeownership changes really soon.

This spells big opportunities for REALTORS® looking to serve the burgeoning baby boomer market over the next 10 to 15 years. It is also one of the reasons why the National Associal of REALTORS® updated its “Field guide to working with baby boomers” resource earlier this year. Marketing to baby boomers is an important area of emphasis in this field guide, which features an article from Forbes Magazine entitled “7 reasons why marketing to baby boomers is unique” which includes the following insights:

They have money to spend

Unlike those who grew up in the Great Depression, baby boomers are quite affluent. According to a Nielsen report, they account for $230 billion in sales of consumer packaged goods like coffee, diet soda and magazines. The segment makes up 70 percent of the nation’s disposable income. Baby boomers will also inherit $13 trillion in the next 20 years.


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They invented the suburbs

Suburban home development occurred simultaneously with baby boomers’ ability to make down payments on a mortgage and their desire to leave urban marketplaces. They still live in the suburbs, where many now own their homes 100 percent.

They plan to live in a better house

The article explains that 70 percent of baby boomers think their current house is not the best they can get and they are looking to upgrade. Baby boomers are setting new trends that defy traditional definitions of a “relaxed” retirement. Instead, they are diligently looking for newly constructed homes where they can continue to pursue an active lifestyle surrounded by the latest amenities.

They are loyal to their brands

Their brand loyalty is tenacious. Once they find a brand they like, or the one they grew up with, they stick with it; Volkswagen cars, Levi jeans, Harley Davidson motorcycles, Club Med, Noxzema, L’eggs. This means that finding out what your baby boomer client’s interests are will help guide you toward homes that best meet these trends and, ultimately, increase the chances of closing a deal.

They are not defined by their parents

Woodstock, the famous music festival, was a counter cultural event which symbolized that the baby boomers were not going to be defined by their parent’s morals or lifestyle. They were going to think and act for they themselves – and they still want to be thought of that way. The least hint of patronizing the baby boomers will flatten any marketing campaign.


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They do use social media,but in a different way

As you develop your social media strategy for baby boomers, be aware that while a 20-year old is posting photos of their night out on Instagram or Snapchat, while a baby boomer is more likely to post a photograph of a new grandbaby or the new RV they just purchased on Facebook. It’s the more ‘traditional’ venues such as Facebook and Twitter that are used by baby boomers; so keep your focus there.

Baby boomers are not ‘old’

Baby boomers do not want to be reminded of their age or be considered as old; rather, they want to be encouraged about their accomplishments and their future. They want to hear about the opportunities that reside before them to experience new chapters in their life.

In addition to marketing resources for the baby boomer market, this field guide also provides tips on reverse mortgage basics, housing trends for the over-50 demographic, related websites relevant to this audience and links to eBooks & other resources. Visit realtor.org to find the field guide’s resource page or check out this story on abqjournal.com/homestyle for a direct link.


Source: Bschwartz, themembersedge.blogs.realtor.org

Benefits of a Nominee Director


The Nominee is a director of a company in name only and has no authority or responsibilities. They are not entitled to enter into any business contracts, financial or moral obligations. he will be give the power of attorney to carry on few daily works of the company but the real decisions are made in the board meetings and by the directors who make a regular evaluation of the nominee director. A nominee director might be from an existing company but his duties will not correspond to the interests of his own company. Most nominee directors are ex businessmen and corporate heads or retired personnel.

They are normally experienced and respected by all. Though his decisions are not binding on the working of the company, most of the time they do make the most crucial decisions which help the company in the long run. So it is vital to have the most authentic, upright and impartial nominee directors for your company. UK Nominee Director Service caters to this rising demand of nominee directors for many off shore owned companies in UK. They have the most experienced and trusted names from business that can become the face of your company in this country.

There are other regulations that have to be kept in mind vis-à-vis the responsibilities and the functioning of the company. For example, the nominee director is not allowed to sign any official forms or verify that any information from the company to any government agency or department is correct. The nominee director has to face the media and the public glare regularly and in times of emergencies. He is responsible for the company before law and the authorities. Certain taxes need to be paid by the Nominee Director on behalf of the beneficial owner. Vat and Corporate taxes are to be paid quarterly and annually respectively.

There is a growing need of UK based nominee directors who have vital knowledge of UK's and international tax planning principles and the national laws. As more and more foreign and off-shore registered companies are opening up in the county, the need for these directors is increasing for a very important reason. There are double taxed levied on the foreign owned companies as against the domestically registered ones. The nominee director can play an

To sum up we can claim that the main objective of a nominee director is to shield the real directors form heavy taxes, public and media scrutiny and to prevent them from being attacked or kidnapped.

A baby boomer’s guide to managing millennials at work


Millennials are defined as those born between 1980 and 2000, that is, those reaching young adulthood around the year 2000. They are considered one of the most educated generations of our times. Their numbers are huge, surpassing those of the baby boomers.

Their integration into the world of work has been far from smooth. Their attitudes and behaviors appear to be uniquely different from those of earlier generations, creating a kind of seismic cultural shock on many levels. As millennials merge into the workforce, the work habits of baby boomers are coming across now as outdated and ineffective.

For boomers, patience is a virtue, while for millennials, faster is better. Millennials have an insatiable appetite to learn, grow and move up professionally. For boomers, a digital diet is a healthy practice, while for millennials, a lack of connectivity makes them feel isolated and vulnerable.

Boomers derive joy from quiet reflection, millennials from constant stimulation. Boomers put in the time, work hard and then reward themselves with leisure activities outside of work. Millennials, on the other hand, seek an integration of work and life.

For boomers, performance feedback is a formal process tied to promotion and compensations, conducted at specific times. For millennials, feedback is informal and is expected throughout the day. For boomers, it is important to follow the chain of command. Millennials give preference to relationships at any level and expect ready access to those in positions of influence. 

Millennials and boomers find themselves in new territory regarding how to deal with each other. It is imperative for boomer managers to ensure the proper integration of the millennials into their organizational culture. Based on my daily interaction with millennials in corporations and academia, I’ve learned the following:

1. Let them get to know you. Just because millennials are constantly using technology does not mean that they do not value human connectedness. Make sure they understand your vision and what inspires you.

2. Share the purpose of a project, not just the task. If you share with them the reason that something must be done, they will surprise you with the how to achieve it. They are purpose-oriented, not task-oriented. They reason that job security will derive from their competencies and their passions, not from where they fit in the organization. If they lack a connection with the purpose, they will move on.

3. Let them know how they are doing before they ask you. They thrive on feedback and expect routine encouragement. The absence of feedback could be interpreted to mean that you do not value them.

4. Practice empathy. If you try to see the world through their eyes and thus understand their needs, you will learn how to motivate them.  Engage them with stimulating activities, disrupt the routines, and surprise them with new challenges and special time-bound projects.

5. Give them space. Do not micromanage their methods. Give them space to learn, discover and experiment. Millennials like a challenge and the chance to create innovative solutions. They like to learn through immersion, engagement, trial and error, and entrepreneurial activities. 

6. Nurture their sense of belonging. In seeking jobs, they are looking for a context that allows them to align their values with the values of the organization. They wish to be connected to a purpose that matters to them and the community. In job interviews, you should articulate the organization’s vision and share it with them. It is the impact of what the organization does that gives them a sense that they might belong.

7. Let them have access to technology. Millennials function in networked environments where simultaneous communications are more efficient than long meetings. Who needs a meeting when they can group-text? They see technology as essential and as a means for self-expression and learning. This constant stimulation keeps them energized and feeds their natural enthusiasm for collaborative settings.

Perhaps the labels of “boomers” and “millennials” are irrelevant, simply signifying differences related to the particular life stage in which each generation finds itself. These glaring differences may become diffused over time, but, between now and then, employers who tap into the unique strengths that this new generation offers will have a competitive edge by tapping into what a multigenerational workforce can deliver.

Suarez is professor of practice in systems thinking and design and a fellow of the Center for Leadership Innovation and Change at the University of Maryland’s Robert H. Smith School of Business. He contributes to the Washington Post’s Career Coach column.


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