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.
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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?Alice: Something that led me here that's a superpower is seeing opportunity where others don't. I think I have this; my magic is, what I …
Devin Thorpe
December 24, 2024 
Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still keep your budget intact. Just because a Christmas present doesn’t cost much money to buy or make, ...…
Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still kee…
Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still keep your budget intact. Just because a Christmas present doesn’t cost much money to buy or make, ... Read more
Steve Cummings
December 24, 2024 Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still keep your budget intact. Just because a Christmas present doesn’t cost much money to buy or make, ...…
Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still kee…
Buying presents for loved ones is one of the best parts of the holiday season, but it doesn’t mean you have to go broke doing so. You can give meaningful gifts to everyone on your list and still keep your budget intact. Just because a Christmas present doesn’t cost much money to buy or make, ... Read more
Steve Cummings
December 24, 2024 Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Everest. Thankfully, there are many ways to enjoy this second-most popular holiday without breaking y…
Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Eve…
Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Everest. Thankfully, there are many ways to enjoy this second-most popular holiday without breaking your budget. With dinner and other ... Read more
Steve Cummings
December 24, 2024 Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Everest. Thankfully, there are many ways to enjoy this second-most popular holiday without breaking y…
Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Eve…
Planning a big Christmas shindig can be both exhilarating and exhausting. When money is tight, finding a way to make the holiday fun and frugal can take on the proportions of trying to climb Mount Everest. Thankfully, there are many ways to enjoy this second-most popular holiday without breaking your budget. With dinner and other ... Read more
Steve Cummings
December 24, 2024 
Women are often left behind when it comes to proper investment planning. This leaves them with more month than money and insufficient wealth to carry them through retirement. Gina Diaz is working to change that. She is an in-demand speaker who helps women accelerate their learning curve on how to in…
Women are often left behind when it comes to proper investment planning. This leaves them with more month than money and insufficient wealth to carry them through retirement. Gina Diaz is working to c…
Women are often left behind when it comes to proper investment planning. This leaves them with more month than money and insufficient wealth to carry them through retirement. Gina Diaz is working to change that. She is an in-demand speaker who helps women accelerate their learning curve on how to invest without fear. Gina understands the need for financial security and teaches people how they can attain it through real estate with wise decision-making. Gina is a young cancer survivor who worked her way to become one of the top immigration and real estate attorneys in the Chicago area. She is a…
Shelley Johnson
December 24, 2024 ![281: [Live Show] Navigating Modern Love: Dating In The Age Of Apps &Raquo; U7Ny35H Wcfbgat0Lygzpsv1](https://babyboomer.org/wp-content/smush-webp/2024/12/U7NY35H_WcFbGAt0LYGZpsV1-450x450.jpeg.webp "281: [Live Show] Navigating Modern Love: Dating In The Age Of Apps 9")
In this lively episode of About That Wallet, host Anthony Weaver dives into the complexities of modern dating, exploring how financial habits intersect with romance. Joined by a dynamic panel of experts, including Joy Coffee, Raima Carpenter, Dee Dee Patterson, Nia Adams, and Free Green, the conver…
In this lively episode of About That Wallet, host Anthony Weaver dives into the complexities of modern dating, exploring how financial habits intersect with romance. Joined by a dynamic panel of expe…
In this lively episode of About That Wallet, host Anthony Weaver dives into the complexities of modern dating, exploring how financial habits intersect with romance. Joined by a dynamic panel of experts, including Joy Coffee, Raima Carpenter, Dee Dee Patterson, Nia Adams, and Free Green, the conversation spans a variety of topics from the etiquette of first dates to the influence of social media on relationship expectations.The panelists share their insights on whether men should pay on the first date, the importance of aligning values in relationships, and how to navigate the world of online…
Anthony Weaver
December 24, 2024 
Join us as we dive into a comprehensive recap of the past year's highlights from our Ditch the Suits podcast. This episode reflects on the critical financial insights we've shared, focusing on the importance of understanding your money in the context of life and personal fulfillment. From navigating…
Join us as we dive into a comprehensive recap of the past year's highlights from our Ditch the Suits podcast. This episode reflects on the critical financial insights we've shared, focusing on the imp…
Join us as we dive into a comprehensive recap of the past year's highlights from our Ditch the Suits podcast. This episode reflects on the critical financial insights we've shared, focusing on the importance of understanding your money in the context of life and personal fulfillment. From navigating estate planning to tackling the complexities of bonds, we explore how our discussions have aimed to empower listeners with practical knowledge for their financial journeys. We also address the impact of current events, such as corporate profits and election cycles, on personal finance, emphasizing …
Steve Campbell
December 23, 2024 
This week, Adam D. Koós, CFP®, CMT®, CEPA discusses the stock market and how things have been going in December 2024.Highlights -📉 Dow struggles: December started poorly for large caps. Market rebound: The S&P 500 bounced back after a rough FED decision. Government shutdown: Past shutdow…
This week, Adam D. Koós, CFP®, CMT®, CEPA discusses the stock market and how things have been going in December 2024.Highlights -📉 Dow struggles: December started poorly for large caps. Market…
This week, Adam D. Koós, CFP®, CMT®, CEPA discusses the stock market and how things have been going in December 2024.Highlights -📉 Dow struggles: December started poorly for large caps. Market rebound: The S&P 500 bounced back after a rough FED decision. Government shutdown: Past shutdowns have not significantly impacted markets. FED updates: Rate cuts expectations shifted from four to two. Charts matter: Focus on supply, demand, and momentum over sensational news. Momentum divergence: Recent drops may have cleared negative momentum signals. Strong market signs: RSI levels indicate…
Adam Koós
December 23, 2024 
Have you ever felt like shame is quietly sabotaging your life? In this powerful episode, I had the privilege of interviewing Monica Gulotta, a counselor who transformed her own battle with debilitating shame into a mission to help others heal. Monica shares how shame can act like an emotional cancer…
Have you ever felt like shame is quietly sabotaging your life? In this powerful episode, I had the privilege of interviewing Monica Gulotta, a counselor who transformed her own battle with debilitatin…
Have you ever felt like shame is quietly sabotaging your life? In this powerful episode, I had the privilege of interviewing Monica Gulotta, a counselor who transformed her own battle with debilitating shame into a mission to help others heal. Monica shares how shame can act like an emotional cancer, slowly eroding your sense of self, and explores its deep connection to grief. She offers insightful healing strategies to conquer shame and talks about why it's so crucial to heal. This interview is packed with wisdom that could change your life—don’t miss it! Heartfelt blessings to you all!✅
Irene Weinberg
December 23, 2024 
Make the New Year Your Best Year Free 2-part Workshop to build 3 new habits January 3 and 10th – 12 Noon Eastern – 1 hour via Zoom Sign Up here _______________________ As the year winds down, it’s time to reflect – and look ahead. Carol Orsborn, author of the new book Spiritual Aging: W…
Make the New Year Your Best Year Free 2-part Workshop to build 3 new habits January 3 and 10th – 12 Noon Eastern – 1 hour via Zoom Sign Up here _______________________ As the year winds down,…
Make the New Year Your Best Year Free 2-part Workshop to build 3 new habits January 3 and 10th – 12 Noon Eastern – 1 hour via Zoom Sign Up here _______________________ As the year winds down, it’s time to reflect – and look ahead. Carol Orsborn, author of the new book Spiritual Aging: Weekly Reflections for Embracing Life, explains why it’s a wise move to continue that practice with weekly reflections to tune into the spiritual side of aging. Carol Orsborn joins us from Tennessee. _______________________ Bio Dr. Carol Orsborn is the best-selling author of over 35 books includi…
Joe Casey
December 23, 2024 
Had an AHA or Insight? Share it:Here are 10 powerful tips to help you start (or grow) your business. Let’s discuss how to identify your customers’ most pressing problem, build an offer around that and keep your mindset clean and on track. What does it take to start—or grow—your business in …
Had an AHA or Insight? Share it:Here are 10 powerful tips to help you start (or grow) your business. Let’s discuss how to identify your customers’ most pressing problem, build an offer around that…
Had an AHA or Insight? Share it:Here are 10 powerful tips to help you start (or grow) your business. Let’s discuss how to identify your customers’ most pressing problem, build an offer around that and keep your mindset clean and on track. What does it take to start—or grow—your business in 2025? Whether you’re launching something new or looking to improve what you’ve already built, you need clarity, strategy, and the right mindset. In this episode, I’m sharing 10 tips to help you create a business that works for you.In this episode I am exploring some of the main issues that hol…
Beate Chelette
December 23, 2024 
