We think there’s nothing better than baby boomers who are still living the dream. That’s why we love to hear from Florence and Mike Lince, the “6-monthers.” They write from Tepoztlán, Mexico.
“Better late than never,” goes the old phrase. And, so it is for many baby boomers in their mid-60s.
What are baby boomers’ most pressing retirement concerns and what are they doing about them? Financial writer Donald Liebenson has a valuable perspective.
With millions of baby boomers reaching retirement age, fears are mounting of the economic impact if they follow the pattern of previous generations by curbing spending and draining Social Security and Medicare benefits, even though boomers have funded those programs for decades.
When it comes to looking for a place to retire, cost of living often tops the list of considerations. But there’s a difference between living cheaply and living well. Here is AARP’s updated 2012 top 10 list.
Looking for a new life, a new way to be an active baby boomer in a new place? Follow Mark Saunders, who has made it work. And keeps finding new things to figure out about his new life.
Baby boomers are spending less on frills than the prior generation but more on education, their adult children, and mortgage debt, putting their retirement at risk. That’s the conclusion of a study, How Are Baby Boomers Spending Their Money?” by Pamela Villarreal at the National Center for Policy Analysis.
For most baby boomers, the major part of parenting would seem to be past. But is it, really? Boomer and licensed mental health counselor Linda Herman doesn’t think so; she sees too much evidence that our kids keep needing us as role models, whether we know it or not.