Forward Motion
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A $41 trillion whammy
After the $700 billion bailout in October, we're also painfully reminded about the $41 trillion from unfunded Social Security and Medicare costs.
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High-net-worth boomers ditch the advice
Sure, it's easy to like your financial advisor when your portfolio's doing well, but high-net-worth boomers are just not seeing the cost/benefit value within their advisor/client relationship.
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College funding and the grandparent dilemma
When it comes to college tuition costs, "Grandparents are ready, willing and able to help; parents just have to ask the question," says new research from The Hartford.
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Readers' Choice Awards - Question No. 5
Editor's Note: We messed up. Slight mistake in last month's announcement of the 2008 Readers' Choice Awards. We certainly want to make sure PowerShares gets its due.
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Top 10 employers for workers over age 50
AARP ranks the best companies and organizations that are addressing the employment needs of the aging boomer population.
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Don't call them "old" homes
Senior centers across America are bracing for change. Jay Morgan, a moderator for a National Council on Aging online discussion group tells Stephanie Reitz of the Associated Press, "The boomers are going to have the same impact in senior centers that they had as babies when they were born, in schools, in the work force and in society in general. You can't really underestimate the impact."
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Boomer business owners want to sell, but where to start?
Almost half of business owners 55 years and older say they want to sell their business within the next three years. But more than 90 percent don't have the first clue on how to do it.
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Retirement income planning -- One hot commodity
According to new research, retirement income planning is where advisors are finding all the action. Through a new study sponsored by Transamerica, the Financial Planning Association says the demand for retirement income planning, retirement income products and services is increasing. Americans, the study concludes, are becoming aware of the importance -- and difference between -- the two phases of retirement: the accumulation or preparation phase, and the distribution or income phase.
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Keep your boomer clients' health in check
For a Web site that spent two years researching the 50-plus market before it even launched, we had confidence www.preretirementlife.com considered all factors of pre-retiree life when they recently unveiled their 15 "must-do's."
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Boomer drug use getting higher?
Illicit drug use has shot up (no pun intended) 116 percent during the past five years for Americans ages 55 to 59, according to the U.S. Substance Abuse and Mental Health Services Administration.
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Younger workers ready to fill boomer shoes?
Recent hype about boomers' mass exodus from the workforce seems to gravitate toward one notion: boomers are wise; newer generations have much to learn.
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Boomer advisors keep the faith
Somebody has to keep the good vibes afloat. Post second quarter findings from Schwab and Brinker Capital show financial advisors are keeping a positive, though watchful, eye on the economy. Furthermore, advisors are indicating a McCain win in November will ring in a much-needed ease to the economy crisis.
Boomer Stat of the WeekTwo-thirds of the oldest boomers are not only financially unprepared for retirement, but they also don't realize it. |