Money
Financial Insights: Navigating Wealth and Retirement for Baby Boomers
The good news, according to financial experts we’ve consulted, is that Baby Boomers still control 50% of all the wealth in the U.S.—more than any other generation. A 2022 Investopedia Financial Literacy Survey, which polled 1,000 U.S. Boomers, revealed that we are typically fiscally conservative, goal-centric, independent, and resourceful. Most of us are at least somewhat confident in our ability to manage our finances.
When it comes to Retirement expectations, more than 25% of survey participants anticipate receiving retirement income from pensions and 401(k)s. Others expect income from savings, certificates of deposits (CDs), and market investments. A significant majority (70%) of still-working Boomers expect to be able to support themselves with Social Security alone when they are no longer able to work, although this may be more wishful thinking than reality. Among those surveyed, 62% are retired, 23% expect to retire, and 16% are unsure they will ever be able to quit working.
Interestingly, 83% of Boomers expressed confidence in their ability to manage finances. The top financial skill Boomers wish to acquire is how to keep financial information safe online. Additionally, many Boomers now manage the budgets of elderly family members, which can be challenging, especially when those loved ones cannot communicate their financial goals.
Another survey finding was that 77% of Boomers consider themselves beginners in understanding digital currency. For us at BabyBoomer.org, an important insight from the survey was that most Boomers prefer to acquire financial knowledge through reading (37%) and talking to others (35%), rather than watching videos, game simulations, classes, or podcasts. We will, therefore, aim to provide valuable resources to meet these preferences.
Money Specialists & Contributors
Podcasts About Money
Books About Money
Courses About Money
Loretta BreuningExplore Content About Money
Image via DALL-EAs your business grows, so does the need for space. Whether adding more employees, increasing inventory, or upgrading equipment, finding room for everything can become a significant challenge. Space constraints can sl…
Image via DALL-EAs your business grows, so does the need for space. Whether adding more employees, increasing inventory, or upgrading …
Image via DALL-EAs your business grows, so does the need for space. Whether adding more employees, increasing inventory, or upgrading equipment, finding room for everything can become a significant challenge. Space constraints can slow you down in cities like Minneapolis, where many businesses are expanding rapidly. They even hurt productivity and cost you money. It’s a problem that many dynamic companies face.However, the good news is that modern solutions are available to help you make the most of your available space. Read…
Michael Levitt
November 20, 2024 
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Join …
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.When you purchase an item, launch a campaign or create a…
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Join the SuperCrowd with Impact!Today, at the 1:00 Eastern SuperCrowdHour webinar, I’ll be sharing “Six Crowdfund Investment Types You Must Understand to Invest Like a Pro.” You can watch it right here in the YouTube player above.Watch on YouTube, Facebook or LinkedIn to make comments that show up …
Devin Thorpe
November 20, 2024 
Image via DALL-ERunning a home service business can be incredibly rewarding, but let’s face it—standing out in a competitive market is no small task. Whether you're a plumber, electrician, landscaper, or HVAC technician, you're li…
Image via DALL-ERunning a home service business can be incredibly rewarding, but let’s face it—standing out in a competitive marke…
Image via DALL-ERunning a home service business can be incredibly rewarding, but let’s face it—standing out in a competitive market is no small task. Whether you're a plumber, electrician, landscaper, or HVAC technician, you're likely juggling multiple hats: running day-to-day operations, keeping clients happy, and ensuring your services stay top-notch. Marketing might feel like just one more thing on your plate, but it’s the key to growing your business and staying ahead of the competition.If you’re ready to grow your c…
Michael Levitt
November 20, 2024 
How Powerful Can Reading Really Be? What if the key to changing the world lies in the pages of a book? In this episode, Larry Sprung chats with the remarkable 13-year-old E Train, the Founder and CEO of E Train Talks. E Train has turned his lifelong love of books into a movement to combat 'book de…
How Powerful Can Reading Really Be? What if the key to changing the world lies in the pages of a book? In this episode, Larry Sprung chats with the remarkable 13-year-old E Train, the Founder and CEO …
How Powerful Can Reading Really Be? What if the key to changing the world lies in the pages of a book? In this episode, Larry Sprung chats with the remarkable 13-year-old E Train, the Founder and CEO of E Train Talks. E Train has turned his lifelong love of books into a movement to combat 'book deserts'—areas where books and educational resources are scarce. Learn how this young entrepreneur has distributed thousands of diverse stories to underserved communities, and why he believes every child deserves access to books. Larry and Eran discuss: The journey from book reviewing to running …
Larry Sprung
November 20, 2024 
Send us a text“This is not who you are, this is just where you are right now.” ~ Naeemah EliasGuest Bio: Naeemah Elias started her career as a professional actress. She worked her way out of poverty south of Chicago and earned a psychology degree from Harvard. After an acting tour as a puppeteer…
Send us a text“This is not who you are, this is just where you are right now.” ~ Naeemah EliasGuest Bio: Naeemah Elias started her career as a professional actress. She worked her way out of pover…
Send us a text“This is not who you are, this is just where you are right now.” ~ Naeemah EliasGuest Bio: Naeemah Elias started her career as a professional actress. She worked her way out of poverty south of Chicago and earned a psychology degree from Harvard. After an acting tour as a puppeteer, and few years on Boston stages, she became a mother. She quickly became a Single-Mom with 3 kids under 6, and got serious about cultivating independent free-range children, while building a corporate career! After 13 years climbing the corporate ladder, Naeemah created Elias Presence Ventures to t…
David Pasqualone
November 20, 2024 
It’s entirely possible to build a thriving business on social media, even with a small audience. You just need to know how to do it! If you are an entrepreneur looking to leverage deeper connections with your online community, you need to download this episode of Money Is Emotional. Join Financial…
It’s entirely possible to build a thriving business on social media, even with a small audience. You just need to know how to do it! If you are an entrepreneur looking to leverage deeper connections…
It’s entirely possible to build a thriving business on social media, even with a small audience. You just need to know how to do it! If you are an entrepreneur looking to leverage deeper connections with your online community, you need to download this episode of Money Is Emotional. Join Financial Dignity® Coach, Christine Luken as she chats with marketing strategist, and the host of the Super Humans podcast, Ina Coveney. Together they discuss how entrepreneurs can effectively monetize a small audience on social media. Plus, they explore Ina’s journey from web developer to marketing coach…
Christine Luken
November 20, 2024 
7 Key Differences Between An Expat And A Full-Time Traveler Full-Time Travel Advice Heather Markel, Best Sel…
7 Key Differences Between An Expat And A Full-Time Traveler …
7 Key Differences Between An Expat And A Full-Time Traveler Full-Time Travel Advice Heather Markel, Best Selling Author, TEDx Speaker, Globetrotter, Travel Lifestyle Coach Table of Contents 2 …
Heather Markel
November 19, 2024 
If an agent does not or cannot perform a proper search for the best prescription drug plan, the insured may be forced to waste money all year. In the Medicare Advantage Minute, we learn that in some cases MA members have higher expectations. How top rated insurance companies respond to these expecta…
If an agent does not or cannot perform a proper search for the best prescription drug plan, the insured may be forced to waste money all year. In the Medicare Advantage Minute, we learn that in some c…
If an agent does not or cannot perform a proper search for the best prescription drug plan, the insured may be forced to waste money all year. In the Medicare Advantage Minute, we learn that in some cases MA members have higher expectations. How top rated insurance companies respond to these expectations. Finally, we encourage victims of IRMAA to download form SSA-44 in order to file an appeal. (Most severe critic: A+) Inspired by: "MEDICARE FOR THE LAZY MAN 2024; Simplest & Easiest Guide Ever!" on Amazon.com. Return to leave a short customer review & help future readers. Official website:…
Douglas B. Jones
November 19, 2024 
Photo by Engin_Akyurt via PixabayAttract the Right Job or Clientele:How to Make Working Away from Home More BearableWorking away from home is often fun for a while, but then you miss your family, your pets, and your bed to realize soon that ‘travel for work’ doesn’t meet expectatio…
Photo by Engin_Akyurt via PixabayAttract the Right Job or Clientele:How to Make Working Away from Home More BearableWorking away from home is often fun for a while, but then you miss your …
Photo by Engin_Akyurt via PixabayAttract the Right Job or Clientele:How to Make Working Away from Home More BearableWorking away from home is often fun for a while, but then you miss your family, your pets, and your bed to realize soon that ‘travel for work’ doesn’t meet expectations. But suppose you must work away from home regularly. In that case, it’s vital to make it as enjoyable as possible because if you aren’t happy, you will likely face a downhill battle that includes minimal effort and the possibility of losing your place of employment.Given the dilemma descr…
Elinor Stutz
November 19, 2024 
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase a…
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv c…
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Join the SuperCrowd!Devin: What is your superpower?Paul: When we're talking about superpowers, I don't think there is a greater superpower than to inspire people. I thi…
Devin Thorpe
November 19, 2024 
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase a…
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv c…
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Devin: What is your superpower?Paul: When we're talking about superpowers, I don't think there is a greater superpower than to inspire people. I think that's the ultima…
Devin Thorpe
November 19, 2024 
We’ve all seen it in the movies. A character has an invisibility cloak, or drinks a potion, or perhaps turns into a ghost. And then, oooh how tantalizing, they can see what goes on when they’re not around.Well as our latest guest explains it, we shouldn’t just think of that kind of moment as s…
We’ve all seen it in the movies. A character has an invisibility cloak, or drinks a potion, or perhaps turns into a ghost. And then, oooh how tantalizing, they can see what goes on when they’re no…
We’ve all seen it in the movies. A character has an invisibility cloak, or drinks a potion, or perhaps turns into a ghost. And then, oooh how tantalizing, they can see what goes on when they’re not around.Well as our latest guest explains it, we shouldn’t just think of that kind of moment as some sort of sci-fi fantasy. We should work as if we’re trying to optimize that conversation.As she puts it – “It's about what people say when you are not in the room.”To hear the story behind that lesson, along with many more lesson-filled stories, I talked to Allyson Havener, Chief Mar…
Daniel Burstein
November 19, 2024 
