Baby Boomer Retirement and Lifestyle
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Money Matters BABY BOOMERS WAKE-UP CALL By Mary Lynne Dahl, CFP® October 10, 2012 Wednesday PM
As they enter retirement age, baby boomers are once again at the center of the attention of marketers and industry. I speak from experience. Hardly a day passes by on which I don’t receive a letter, brochure or magazine in the mail, inviting me to go on a trip to far-flung places, continue my adult education, or join a community of like-minded, active seniors.
Insurance Networking News, July 24, 2012
July 18, 2012 - Despite popular belief, a recent analysis of government data by the National Association of Home Builders (NAHB) reveals that the geographic distribution of households headed by someone age 55 or older is fairly even across most of the country, with more than 30 percent of all households in every state meeting this description.
Published: Sunday, July 15, 2012 at 1:00 a.m.
Published: Friday, July 13, 2012 at 12:56 p.m. Last Modified: Friday, July 13, 2012 at 12:56 p.m.
Many baby boomers plan to keep working and earning money during their retirement years, but will alternate between periods of work and leisure, according to a survey by Merrill Lynch.
Healthcare costs would skyrocket and more seniors would be living in some form of long-term care communities if not for a host of baby boomer caregivers managing their elderly parents’ health, suggests a recent Caring.com survey.
I'm sorry we had to meet under these circumstances, but allow me to introduce myself.
What's the upside of aging? Just ask the one-quarter of Americans in a poll released today who say getting old is better than they expected.
Retirement in the United States is nice and all, until they ask you to actually pay for stuff.
The world’s richest man says everyone should keep working into their golden years for the sake of the greater good. Billionaire Carlos Slim said that boosting the retirement age to 70 would help to prop up the world’s struggling economies, according to Mexican press reports cited by Forbes . The Mexican telecom mogul argued that the current retirement age was put in place during a time when the typical employee worked a more physical job and people died at an earlier age.
If you’re a jobseeker over 50, you’ve been subjected to a barrage of bad news: you’re no longer valued in the workforce, you’re technically inept, no one wants to hire their mom or dad, you’re too expensive, you’ll be out on sick leave all the time, etc., etc., etc. But—hold onto your support hose—the truth, it turns out, is just the opposite!
TORONTO — The generation that embraced the mantra, “Never trust anyone over 30” is about to get a rude awakening — if they haven’t already. Baby boomers, who railed against the entrenched social discrimination of previous generations — from sexism to racism — are barrelling headlong into an “ism” they themselves may have done much to perpetuate: ageism.
The recent Personal Finance Society (PFS) conference raised two questions that will play a key role in the development of life planning over the next few years; what kind of person are you talking to as a client, and is there a fundamental conflict of interest in life planning?