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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 ...
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 ...
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 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 ...
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 ...
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 ...
But there was another, even more “massive” wealth transfer from the government to the baby boomers over the last 40 years, according to Bank of America Research. The investment bank isn’t ...
Over the years, baby boomers have accumulated a lot of wealth. Indeed, they’ve accumulated half (52%) of all the net wealth in the U.S. worth a total of $76 trillion, according to Federal ...