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According to Bankrate’s 2024 Financial Regrets survey, 37 percent of baby boomers (ages 60-78) say their biggest financial regret is not saving enough for retirement. Of participants in the ...
Most (65%) millennials and Gen Zers are concerned about baby boomers’ influence on their financial future, according to a new survey by OnePoll on behalf of National Debt Relief that polled ...
While baby boomers are often lauded as the generation that got to have it all financially, this year, according to a recent GOBankingRates survey, 44% of boomers reported that their financial...
A new group of baby boomers is retiring and with it comes some unexpected financial challenges. According to Stewart Willis, president of Asset Preservation Wealth & Tax, Social Security is a ...
In 2024, Baby Boomers had a collective total of $4.50 trillion in debt, according to data from Experian. This is down from $4.58T in 2023. This is down from $4.58T in 2023.
"The 401(k) transition looms large for Gen X and working baby boomers, and many working Americans have taken a long time to adapt to the new retirement system—some too long," Goldman's report notes.
A college education beginning in the 1973-74 academic year and finishing up in the spring of 1977 cost the average baby boomer around $36,000 in 2024 dollars — a sum that wouldn’t even get you ...
Baby boomers now hold an unprecedented share of the nation's wealth, with those born during this specific period now officially holding approximately 51.8% of U.S. wealth as of the early 2020s ...