Entries by rawboomers

Downsizing Baby Boomers Help Goodwill Set Donation Record

Goodwill Industries of Northern New England says it took in a record number of donations in 2017 and is on track to do the same this year. The non-profit says one factor behind the increase in donations is the region’s aging population. As baby boomers downsize, it seems a trip to the Goodwill is often […]

65% of Baby Boomers Are Making a Huge Financial Mistake That Could Leave Them Broke — The Motley Fool

Each day, around 10,000 baby boomers in the United States hit their retirement age, according to The NHP Foundation. Unfortunately, many of them are woefully unprepared for retirement, lacking sufficient retirement savings or a retirement budget.  While soon-to-be retirees could face lots of money issues, there’s one particular issue that has left the majority of […]

Many Baby Boomer and Gen-X renters say they will never own a home

(Above) Vintage walk-up apartments in Old Town. 15-Apr-18 – The American Dream of homeownership is fading among Millennials and older generations. Apparently, an increasing number of people in the Baby Boomer and Generation X age groups prefer renting and do not anticipate buying a home, according to new research by Freddie Mac. Profile of Today’s […]

Opinion | Baby Boomers Reach the End of Their To-Do List

But meditating is just another thing. Yoga? Another task, another item for the to-do list. This battle between striving and serenity may be distinctly American. The struggle between toil and the dream of ease is an American birthright, the way a Frenchman expects to have decent wine at a reasonable price, and the whole month […]

Report: Many Baby Boomers Unprepared for Retirement

WASHINGTON – A new study confirms what others already have concluded: Many Baby Boomers haven’t saved a dime for retirement, which can’t help but mean trouble as they reach retirement age. This is National Retirement Planning Week, an effort by consumer advocates, educators and financial-service organizations to promote comprehensive retirement planning. However, according to Cathy […]

Todd’s Baby Boomer Trivia: Volume 15

Frank Todd, Correspondent Published 7:00 a.m. ET April 12, 2018 CLOSE It’s been one hundred years Nathan’s hot dogs. Time Frank Todd(Photo: ~Courtesy of Frank Todd) Things were not only cheaper back in the ’60s, but we got more for our money, as well. Around 1963 or so, I would get a $2.50 weekly allowance. […]

Study: Many Baby Boomers have no retirement savings | Business

WASHINGTON — A new study confirms what others already have concluded: Many Baby Boomers haven’t saved a dime for retirement, which can’t help but mean trouble as they reach retirement age. This is National Retirement Planning Week, an effort by consumer advocates, educators and financial-service organizations to promote comprehensive retirement planning. However, according to Cathy […]