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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 big ...
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 ...
Baby boomer homeowners are sitting on a ton of equity right now. According to the Federal Reserve, they hold $17.3 trillion in home equity, roughly 50% of the country's total equity. This is in ...
Nearly 1,200 Americans shared with BI their financial regrets. Many of the baby boomer respondents said they had regrets about preparing for retirement. This is part of an ongoing series about ...
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. While Millennials and GenXers have more debt than Boomers ...
For many baby boomers, retirement has already started. For some, it could happen in 2025. The important things for baby boomers to hone in on are ways to make retirement not only comfortable, but ...
While baby boomers are seemingly the last generation to truly have it all regarding finances, some are still dealing with serious financial regrets. From sweeping lifestyle changes to unforeseen...
Gen X and younger will have different financial outcomes than baby boomers, thanks to the decrease in pensions and a larger reliance on personal savings for retirement that started with Gen X and ...