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Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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It's Official--Millennials Outnumber Baby Boomers (and other Census Snapshots)

Overall, millennials are more diverse than any previous generation, with 44.2 percent being part of a minority race or ethnic group. 

| BY Donald Liebenson

The times they have officially changed: The U.S. Census Bureau reports that Millennials now outnumber Baby Boomers for the first time.

There are now 83.1 million Millennials in the United States, compared to 75.4 million Baby Boomers, previously the largest generation in history. The Census Bureau defines Millennials as those born between 1982 and 2000, and baby boomers are those born between 1946 and 1964.

Overall, millennials are more diverse than any previous generation, with 44.2 percent being part of a minority race or ethnic group (defined as a group other than non-Hispanic, single-race white).

Even more diverse than Millennials, according to the Census Bureau, are Americans under the age of five. Last year, this demographic became majority

Even more diverse than millennials are the youngest Americans: those younger than 5 years old. In 2014, this group became majority-minority for the first time, with 50.2 percent being part of a minority race or ethnic group. The population as a whole has become more racially and ethnically diverse in just the last decade, with the percentage minority climbing from 32.9 percent in 2004 to 37.9 percent in 2014.

Hawaii, the District of Columbia, California, New Mexico and Texas (56.5 percent) were majority-minority. Nevada is the closest of the remaining states to cross this threshold, with a population that is 48.5 percent minority.

Also included in the Census Bureau estimates other demographic snapshots:

Americans 65-and-older have grown from 44.7 million in 2013 to 46.2 million last year. Florida had the highest percentage of this demographic last year (19.1 percent) while Alaska had the least (4.1 percent).

Ten states, led by Alaska and North Dakota have more males than females.

Maine has the highest percentage of the non-Hispanic white alone population (93.8 percent).

The nation’s Hispanic population (55.4 million as of July 1, 2014) and Black population (45.7 million) grew by 2.1 percent and 1.3 percent, respectively.



About the Author


Donald Liebenson

dliebenson@millionairecorner.com

Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.  

A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.