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It's a topic that no one really wants to bring up with their aging parents - the future.
The real estate market is not exactly at its best right now, which is leading many Baby Boomers to reconsider their retirement plans.
Beginning this year, the Baby Boomer generation is coming into the age of retirement at a rate of roughly 8,000 people per day, and many are worried about their financial and medical standings
Around 10,000 baby boomers are turning 65 every day in the United States, which means that there are a lot of people trying to think about how they can best retire and enjoy their golden years safely and comfortably.
It's not always easy to predict the volatile state of the economy - many baby boomers have already felt the bite of the recession.
Many retirees are finding out that trying to build a nest egg doesn't necessarily stop when they stop working - instead, it's a constant process that requires conscious spending and saving.
Planning for retirement is a process that is always changing. Older adults have to take into account a variety of different factors, especially now, when many are suffering from the recent economic downturn.
Whether one is getting ready for retirement next year or in 10 years, it pays to have a plan in place.
A poll conducted by The Associated Press and LifeGoesStrong.com has found that 44 percent of baby boomers, age 45 to 65, are worried that they do not have the financial means to live out a comfortable retirement.
While baby boomers are turning 65 at the rate of 10,000 every day this year, many are now planning in earnest for their retirement years.
The Great Recession hit a lot of investments hard, but one of the groups most affected was the generation of junior baby boomers.
Carolyn Rosenblatt, writing for Forbes magazine, recently discussed how she has been taking tips from her dog - who is 84 years old in human years - when it comes to staying young at heart.
Hitting 65 is a monumental occasion in a person's life, as many baby boomers are now discovering.
A survey conducted by Caring.com estimates that one of the biggest tolls that a caregiver experiences while attending to a spouse or partner is financial difficulties.
Retirement planning isn't exactly a predictable or straightforward process, but there are some big mistakes that baby boomers can make as they outline their golden years.
One study by the Ewing Marion Kauffman Foundation shows that older adults are driving an innovative boom in business.
It's never too late for retirement planning, but a recent poll conducted by Harris Poll Online has found that many baby boomers need to immediately find ways to start planning for their golden years.
A new study conducted by Merrill Lynch Affluent Insights has found that baby boomers are not only trying to live a more active retirement than their parents - they're already planning to do so.
The Employee Benefit Research Institute (EBRI) recently released an analysis that provides some instruction for those looking to start aggressively planning for retirement.
As many baby boomer couples may know, retirement planning seems to be different for everybody, especially one's spouse.
While the economic downturn has drastically changed the retirement plans of many baby boomers, there's still time to try and make the golden years as comfortable as possible. All it takes is some strategy and prudence.
With many members of the baby boomer generation retiring, there is a rising demand for Social Security. However, those who are looking to collect these benefits may not know how to get started.
There has been a growing movement of age-friendly home renovations among baby boomers who want to stay in their residence as long as possible, according to USA Today.
New November data from AARP has shown that, as in years past, the majority of older adults (45 and over) have expressed a desire to age at home.
As millions of baby boomers approach retirement, it may be time to buckle down and start to financially plan for the golden years. This means that tapping a 401(k) fund may become necessary as well and there are several ways to effectively do this, according to The Philadelphia Inquirer.
A local financial consultant recently told The Marion Star that, due to economic uncertainty, many baby boomers who are planning for retirement will have to save more money than their parents.
The economy has prevented many boomers from moving out of their old homes into residences that are more affordable and easier to maintain, according to The Philadelphia Inquirer.
It's never too late to start exercising and The New York Times recently reported that those who manage to change their lifestyle in their 40s or 50s have a much better chance of still being independent during their golden years.
On January 1, 2011, baby boomers will begin to turn 65 at a rate of one every eight seconds. This trend will continue for the next 19 years and the United States may have to change to accommodate them.
A new, bipartisan proposal being considered as a cure for the staggering deficit of the United States will have hefty implications for both retirees and those who will retire in the future, according to The New York Times.
The sandwich generation is defined as those who are 40 to 60 years old and caring for elderly parents and children at the same time.
In 2009, fewer adults bought longterm care insurance than at any other point when the data started being tracked in 1988.
Many older Americans may feel secure with their retirement savings, but a new report, Hope Is Not a Strategy, has revealed that there are many retirees preparing for retirement who may face unexpected financial difficulties.
Many adults hit age 65 and start to relax and enjoy retirement, but it may also be wise to think about the longterm future for the sake of close family members.
As baby boomers begin to plan for retirement, it may be beneficial to become familiar with the subtleties of Medicare, because mistakes can often lead to unnecessary expenses. A recent issue of Consumer Reports has shed some light on a few confusing aspects of the process.
There can be so many tricky steps when it's time to plan for retirement, it can be easy to forget to plan for post-retirement, particularly when it comes to difficult financial decisions.
A new survey conducted by Allianz Life Insurance Company has found that younger baby boomers, age 44 to 49, are more concerned about their retirement and savings than those who are older.
A vast majority of older adults have expressed their desires to stay at home as they age, but there are some important factors for many to consider when planning for their future, and a strategy to avoid a nursing home or assisted living facility is one of them.
Jeff Baietto, an expert on healthy habits, recently wrote on The Huffington Post that many baby boomers are upturning traditional expectations of aging and becoming baby zoomers, living healthy and active lifestyles far into their golden years.
The past few years have been a rough ride for baby boomers and U.S. News & World Report states that there are quite a few different reasons that many adults across the country are being forced to delay retirement.
Many public employees of New York are set to retiree soon, and have been promised approximately $200 billion in health coverage in the coming years, according to AARP.
Mary Furlong, a professor of entrepreneurship at Santa Clara University, is widely regarded for her extensive knowledge of the baby boomer generation and the challenges that the demographic faces today. She recently sat down with Houma Today to discuss will be facing in the years ahead.
The AARP's annual conference, Orlando@50+, began on Thursday, September 29 and is set to run through Saturday night, with concerts, exhibitions, demonstrations and more, according to Florida Today.
A recent survey conducted by Charles Schwab has found that there are different habits for baby boomers who are planning to retire in the near future, according to The Credit Union Times.
TheStreet.com recently discussed the findings of a survey conducted by Allianz Life, a division of Allianz SE, one of the world's largest financial firms. The study, called Reclaiming the Future, determined that there were five different personality types to boomers who are about to retire.
The Richmond-Times Dispatch reports that baby boomers who are caring for children, young adults who are living at home after college and aging parents are facing difficult decisions and investments when considering retirement.
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