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2. I’m a Retired Boomer: 6 Things I Spend My Savings on ... - AOL

   www.aol.com/finance/m-retired-boomer-6-things...

   By ages 65 to 75, boomer households spend just over $65,000 a year. How they spend also changes. Housing costs typically drop, for example, and medical costs often increase.

3. How Much Does the Average Baby Boomer Have in Savings? - AOL

   www.aol.com/much-does-average-baby-boomer...

   On the other hand, boomers are most likely to have $10,000 or more in their savings accounts. Among younger boomers, 20% have $10,000 or more and among older boomers, 18% have $10,000 or more.

4. 8 in 10 retirees aged 65-plus with $50K-$100K in savings say ...

   www.aol.com/finance/8-10-retirees-aged-65...

   For example, in 2023, 80% of retirees aged 65-plus reported one or more sources of private income, such as from a pension, employment or interest, dividends or rental income, according to the Fed ...

5. What's Your Nest Egg Look Like? Average Retirement Savings ...

   www.aol.com/average-retirement-savings-baby...

   Average Retirement Savings for Baby Boomers. According to the Transamerica Center for Retirement Studies, the estimated median retirement savings for Baby Boomer is $202,000. Based on the 4% Rule ...

6. 5 Top Ways Boomer Retirees Can Grow Their Savings This Year - AOL

   www.aol.com/5-top-ways-boomer-retirees-110204434...

   Investments like T-Notes pay solid returns but lock up your savings in an illiquid asset. But boomer retirees can get returns that are just as good or better while retaining full access to their ...

7. The Silent Retirement Killer Draining Baby Boomer Savings - AOL

   www.aol.com/silent-retirement-killer-draining...

   Data from Bankrate. The consensus is that mortgage rates will ease down in 2024. Whether you need a mortgage now or plan to get one in the next year or two, it’s crucial to compare offers.

8. Worried You're Behind on Retirement Savings? 3 Steps to Catch ...

   www.aol.com/worried-youre-behind-retirement...

   The average retirement savings balance among 55- to 64-year-olds was about $538,000 as of 2022, according to the Federal Reserve. But the median balance among that age group was only $185,000 as ...

9. Retirement Outlook 2024: Less Than Half of Boomers Have ... - AOL

   www.aol.com/retirement-outlook-2024-less-half...

   Baby boomers’ lack of preparation for retirement, insufficient savings, rising inflation, increasing life spans, and fewer options for long-term care have some economic analysts predicting a ...