News You Can Use Updated Daily
Lawmakers urge oversight to prevent retirement savings withdrawals
Mortgage woes and spiraling credit debt have many investors using their retirement savings to bail them out for the short term.
Good news or bad?
Great news for advisors -- boomers do need your help.
Study targets Hispanic Boomers' view on health care, finance and consumerism
Prominent culture gaps continue to emerge within the boomer market.
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Editor's Blog John Sullivan, Editor, Boomer Market Advisor
Greenspan unplugged
I had a chance to see Alan Greenspan at Pershing's Insite conference in Florida last week.
Ask the Experts
- Reassuring nervous Boomers
In the current environment, I feel my "stay the course" message to my clients is stale and might be falling on deaf ears. I feel some clients are going to just liquidate everything and put the money in a CD, or another "safe" investment. Any suggestions on what to tell them?
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In the Life of a Boomer
Breaking the piggy bank
They never planned for anything like this -- the impact of the economic downturn is compelling some boomers to dip into their savings, borrow money from friends and family, and reduce investments in order to pay for day-to-day things.
Better to live longer?
With the rate of inflation becoming more bloated every day, American baby boomers, particularly women, are worried their retirement investment pool will dry up before they've reached the end of their lifetime.
Coming up short in pension funding
Elizabeth Kellar, executive director for the Center for State and Local Government Excellence writes in the Center's latest report on retirement:
Latest Audio
Interview with Lincoln Anderson
Oil at $130 a barrel, housing still struggling, Wall Street institutions going under; it has your boomer clients nervous − to say the least. But is it really as bad a it seems? Industry personality Lincoln Anderson, chief investment officer and chief economist with broker/dealer giant LPL Financial, sorts is all out. A former senior staff economist at the Council of Economic Advisors during the Reagan administration, Anderson gives us his near-term economic predictions, and what broker/dealers are doing to help in these turbulent times.
Boomer Stat of the WeekThe economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses. |