The youngest baby boomers, born in the era that spawned Beatlemania, have less retirement wealth than older generations.
Prot Tachapanit / iStock.com ; Carrying a balance on credit cards can quickly and easily get you further in debt. It means paying interest and, therefore, more money than you should. ; Plus, as baby boomers transition from a steady paycheck to a fixed income, paying off interest can become more difficult. The interest accrued can snowball, quickly depleting their savings during retirement. ; Trending Now: 5 Reasons You Should Retire Like Barbara Corcoran and Live in a Mobile Home
The youngest baby boomers are about to enter retirement — and most of them aren't... higher savings." The peak boomers' retirement wave could also impact the overall US economy. The...
Research paints a gloomy picture of many Baby Boomers and how prepared they are for retirement.
Baby boomers started saving for retirement later than any other generation. Here are expert tips for increasing those savings now.
The interest accrued can snowball, quickly depleting their savings during retirement. “Work... Having an Unrealistic Budget Some baby boomers enter retirement with unrealistic...
The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In t...
The large bulge of Baby Boomers is heading to retirement with little to support them. It's not their fault, and the country will have to bear the burden.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food, travel, and housing to pay healthcare bills.
The nation is rapidly approaching "peak 65" as younger baby... median retirement balance of $268,745, while women of the same age have savings of only $185,086. Peak boomers with only a...