"The arrival of the twenty-first century heralds a turning point for the postwar welfare state. Most of the advanced industrial democracies entered the new millennium with a record share of their populations in the working ages—20 to 65. Yet, by 2010, tens of millions of postwar baby boomers will be streaming into retirement, and available labor forces in the European Union (EU) and Japan will never again be so large in our lifetimes." (Quoted from article)