Since about 10,000 baby boomers are celebrating their 65th birthday each day, the topic of retirement is thought about more frequently within this generation. Some baby boomers are discovering that even though they have worked toward retiring for decades, they are not as prepared as they need to be. There are some frequent misunderstandings that ba...Read More
It’s one thing to save for retirement, building a nice stable nest egg that will take you through your senior years. And you’ll have Social Security benefits to look forward to, and maybe even a pension and a401K. Establishing a monthly income for yourself is an excellent way to manage your money so you don’t overspend. Knowing what you need to liv...Read More
In December, it’s easy to start looking at the year ahead. Most of us are planning for the new year, be it for expenses, like a vacation or a major housing repair that’s needed, or for income, we’ll bring in. Each year we come up with new plans and new strategies. But before you get too far ahead of yourself, look at 2017. Now’s the time when you c...Read More
Handling money in retirement is a complicated business. We want our money to grow, we want to be secure, and we want to try to leave money to our heirs. Owning a home is a big part of most people’s retirement plans, and so the idea of a reverse mortgage is bound to come up. What is it? A reverse mortgage is essentially a loan on your own in...Read More
Retailers have been investing in advertising campaigns targeted to baby boomers for years, and with a great return- as four out of five retailers attribute nearly 50% of their sales to boomers. Up until recently, the generation born between 1976 and 1994 (Millennials) has been considered short on the spending power needed for marketers to target. T...Read More