The expected wave of baby boomers moving to smaller homes isn’t happening yet.
Boomers could do well to take their children aside and implore them to start saving now. This would be a great legacy to leave.
Just about anyone can accumulate a million bucks if they set an intention to do so.
We have a smorgasbord of personal finance goodies to get you through the day before you high-tail it out of the office to start your weekend.
Here’s a little discouraging retirement planning news: The Federal Reserve Bank of San Francisco examined trends in U.S. stock values to see if the investment conservatism and sell-off that will likely come with the aging of baby boomers will drive down stock prices. Their answer was yes. The analysts found: “The model-generated path is …
If you’re trying to sell to baby boomers or persuade boomers to see things your way, the worst thing you can do is to make them feel old. It’s a fact of life that banks, financial advisers, health care providers and a host of other businesses whose customers are at the retirement planning stage of
Are you working instead of contemplating retirement while your newly graduated offspring can’t find a job? It’s a fact of economic life in this downturn that baby boomers are working longer — hanging onto the jobs they have, says The Brookings Institution’s Senior Fellow in Economic Studies Gary Burtless, one of the nation’s foremost experts
Keeping up financially with our retired parents could prove to be an impossible challenge for many Americans, especially as we swallow the reforms that will help the country avoid default. Look at it this way, let’s say your parents have a $40,000 per year pension — not an unusual, or even particularly generous, number for many
My grandma was 65 when I was born. With her white hair in a bun, black lace-up shoes and an apron covering her cotton house dress, I thought she was ancient. Although she lived to be 94, her retirement was narrowly defined by a meager income and attitudes that kept her close to home. Today’s