Are Baby Boomers Ready To Retire?

Are baby boomers ready to retire? That really depends on a number of factors the most prevalent being one’s current financial status.    As I mentioned in previous posts, called The Baby Boomer Retirement Crisis, for people fifty-five (55) and over twenty-six (26%) percent of people have less than fifty thousand (50,000) dollars saved, and …

The Baby Boomer Retirement Crisis

Baby boomers, people born between 1946 and 1964, are heading into retirement at an average about 10,000 per day.  Many are poorly prepared as they lack sufficient financial resources without at least part-time employment. The baby boomer retirement crisis is real.   Although thirty-one (31%) per cent of people 65+ years old have $200,000 or more …

Baby Boomers Retirement Problems

Although baby boomers (between 1946 and 1964) were born during the post-World War II years of prosperity, they now find themselves with many challenges today. Baby boomers retirement problems include the areas of economic, health, and financial. A few of these challenges are having enough savings for retirement, as well as caring for elderly parents. …