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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 ...
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 ...
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 ...
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 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...
From sweeping lifestyle changes to unforeseen economic crashes, many boomers have found themselves facing financial situations they never saw coming. Explore More: 3 Types of Investments Predicted ...
This increases by 8% each year until the age of 70. ... Baby boomers can safeguard their financial well-being by avoiding these common things that cause retirees financial issues.
Baby boomers haven’t saved enough money for retirement While there could be several reasons for boomers’ financial condition , the statistics aren’t painting a pretty picture: The median ...