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The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...
Baby boomers are the largest generation to retire. However, a Stanford Center on Longevity study found that the median amount boomers have in tax-advantaged plans is $290,000 for early boomers ...
Tens of millions of Americans are expected to turn 65 by 2030. The youngest among the baby boomer generation are set to retire over the next few years.
The average retirement savings for Baby Boomers is just over $200,000. Since the last Boomers won’t retire until 2031, there is still plenty of time to boost their retirement savings.
Gen X and younger will have different financial outcomes than baby boomers, thanks to the decrease in pensions and a larger reliance on personal savings for retirement that started with Gen X and ...
With the massive baby-boom generation entering retirement, economic growth will be slower and demand for social support will rise. This will significantly alter the Canadian economy. Nevertheless, Canada remained the second-youngest G7 nation, as of 2015.
"The baby boom generation has started to retire with a record $76 [trillion] in net worth," Yardeni writes. "They are spending on restaurants, cruises, traveling, and healthcare.
As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Even those who have worked hard and saved ...