Money
The good news, according to financial experts we’ve consulted, is that we Baby Boomers still control 50% of all the wealth in the U.S. – more than any other generation. And per the 2022 Investopedia Financial Literacy Survey conducted this past April, which polled 1,000 U.S. Boomers as part of a multigenerational study, we Boomers are typically fiscally conservative, goal-centric, independent, and resourceful. Further, 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 expect to receive 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. We fear that may be more wishful thinking than reality. For the record, 62% of those surveyed are retired, 23% say they expect to retire, and 16% are unsure they will ever be able to quit working.
We were not surprised that the survey also showed that 83% of Boomers are at least somewhat confident about our ability to manage our finances. When it comes to financial skills Boomers would like to acquire, the No. 1 thing mentioned was how to keep our financial information safe online.
Additionally, it seems many of us are now tasked with managing an elderly family member’s budget. This can be challenging because we may not feel competent to make financial decisions on behalf of these loved ones, especially when they cannot tell us their financial goals.
A final interesting survey finding was that 77% of us Boomers consider ourselves rank beginners when it comes to understanding digital currency.
For us here at BabyBoomer.org, one of the most important findings of this survey was that most Boomers prefer to acquire financial knowledge through reading (37%) and talking to others (35%). [As opposed to watching videos (9%), game simulation (8%), taking a class (4%) and podcasts (4%).] We will, therefore, aim to please.
Latest In Money & Finance Specialists & Contributors
Podcasts About Latest In Money & Finance
Courses About Latest In Money & Finance
Books About Latest In Money & Finance
Explore Content About Latest In Money & Finance

Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money …
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenshi…
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money 💵, all while living in a country or countries of their choice. So that they are living a better, higher quality of life and not under the control of any one single government. Maximize your wealth management, protect your assets, and gain location independence with International Money Mastery. …

Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money …
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenshi…
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money 💵, all while living in a country or countries of their choice. So that they are living a better, higher quality of life and not under the control of any one single government. Maximize your wealth management, protect your assets, and gain location independence with International Money Mastery. …

This podcast is about Brad Warren's success story in land banking. Land banking is a real estate investment strategy where you buy land and hold it for the long term, expecting its value to be appreciated. Brad shared his story of starting land banking in 2012 after realizing he couldn't r…
This podcast is about Brad Warren's success story in land banking. Land banking is a real estate investment strategy where you buy land and hold it for the long term, expecting its value to be ap…
This podcast is about Brad Warren's success story in land banking. Land banking is a real estate investment strategy where you buy land and hold it for the long term, expecting its value to be appreciated. Brad shared his story of starting land banking in 2012 after realizing he couldn't retire solely on his savings. He bought his first property for $115,000 and has since acquired 11 properties in total. He's confident that the value of his land will continue to be appreciated and expects to make a 10x return on his investment.Brad emphasizes the importance of patience in land b…

In this episode of the Label Free Podcast, host Deanna Radulescu welcomes back Faust Ruggiero, a published research author and therapist with extensive experience in various clinical settings. Faust has worked with deaf children, prisons, nursing homes, substance abuse centers, and major corporation…
In this episode of the Label Free Podcast, host Deanna Radulescu welcomes back Faust Ruggiero, a published research author and therapist with extensive experience in various clinical settings. Faust h…
In this episode of the Label Free Podcast, host Deanna Radulescu welcomes back Faust Ruggiero, a published research author and therapist with extensive experience in various clinical settings. Faust has worked with deaf children, prisons, nursing homes, substance abuse centers, and major corporations. He is the author of the "Fix Yourself Handbook" and the recently released "Fix Your Anxiety Handbook." Faust discusses how anxiety and depression have become prevalent in our society, especially with the added stress of the pandemic. He emphasizes the importance of human connection and building a…

Is running out of money a real thing or a financial industry scare tactic? A pension company trying to up your fees. Are you a list maker? Time for your retirement checklist. Dave Ramsey is taking a lot of heat for a controversial statement. How much more money will you make working with a finan…
Is running out of money a real thing or a financial industry scare tactic? A pension company trying to up your fees. Are you a list maker? Time for your retirement checklist. Dave Ramsey is taking …
Is running out of money a real thing or a financial industry scare tactic? A pension company trying to up your fees. Are you a list maker? Time for your retirement checklist. Dave Ramsey is taking a lot of heat for a controversial statement. How much more money will you make working with a financial advisor? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Mike is a marketing coach who helps solopreneurs unlock profitability through simplicity. He focuses on creating sustainability rather than aggressive growth by optimizing pricing and systems. Mike runs his companies while traveling full time - with a team spread across North America. He hopes to h…
Mike is a marketing coach who helps solopreneurs unlock profitability through simplicity. He focuses on creating sustainability rather than aggressive growth by optimizing pricing and systems. Mike r…
Mike is a marketing coach who helps solopreneurs unlock profitability through simplicity. He focuses on creating sustainability rather than aggressive growth by optimizing pricing and systems. Mike runs his companies while traveling full time - with a team spread across North America. He hopes to help others who want to create an amazing business while having time for hobbies, travel, and enjoying life. Website: https://mikemoll.co/Instagram: https://www.instagram.com/themikemoll/Facebook: https://www.facebook.com/mikemoll6Linkedin: https://www.linkedin.com/in/themikemoll/Youtube: https://www…

Those of you who’ve been to the dance with me likely know of my baby brother, Woody. I’m his legal Guardian and Conservator. The day before Thanksgiving, he wasn’t feeling well. One of the staff members from his group home took him to the emergency room (ER). His blood pressure was 66/45. He w…
Those of you who’ve been to the dance with me likely know of my baby brother, Woody. I’m his legal Guardian and Conservator. The day before Thanksgiving, he wasn’t feeling well. One of the staff…
Those of you who’ve been to the dance with me likely know of my baby brother, Woody. I’m his legal Guardian and Conservator. The day before Thanksgiving, he wasn’t feeling well. One of the staff members from his group home took him to the emergency room (ER). His blood pressure was 66/45. He was kept in the ER for a while, hydrated with IV fluids, and sent home. The doctor who called me said Woody would be fine to join us for dinner the next day. On Thanksgiving morning, my phone rang. It was the Program Manager from Woody’s group home, calling to tell me Woody was on his way to the ho…

What gets in your way of living a good life? Too often we think things like money, achievement, or popularity will lead to happiness. But those things often leave us feeling empty.Jonathan Fields, a speaker, author, and host of the podcast Good Life Project, is known for his work on living a meaning…
What gets in your way of living a good life? Too often we think things like money, achievement, or popularity will lead to happiness. But those things often leave us feeling empty.Jonathan Fields, a s…
What gets in your way of living a good life? Too often we think things like money, achievement, or popularity will lead to happiness. But those things often leave us feeling empty.Jonathan Fields, a speaker, author, and host of the podcast Good Life Project, is known for his work on living a meaningful and fulfilling life.Some of the things he talks about are: The three core components of living a good life. How fear and uncertainty lead to social isolation. How to deal with social awkwardness and discomfort. The best strategies for creating meaningful connections. The one thing you can do in …

As we come to the end of the year, it is a good time to reflect on what has worked and hasn’t in your life and business over the past 12 months. Throughout the next few episodes, we’ll veer from our typical interviews to do some reflection and planning with some solopreneur business tips. List…
As we come to the end of the year, it is a good time to reflect on what has worked and hasn’t in your life and business over the past 12 months. Throughout the next few episodes, we’ll veer from o…
As we come to the end of the year, it is a good time to reflect on what has worked and hasn’t in your life and business over the past 12 months. Throughout the next few episodes, we’ll veer from our typical interviews to do some reflection and planning with some solopreneur business tips. Listen to this episode to hear how to use the life wheel to consider your past year and think about the year ahead. You will want to hear this episode if you are interested in... Use the life wheel to reflect on your past year [1:22] Your health [5:16] Family and friends [7:58] Your business [13:40] …

Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money …
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenshi…
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money 💵, all while living in a country or countries of their choice. So that they are living a better, higher quality of life and not under the control of any one single government. Maximize your wealth management, protect your assets, and gain location independence with International Money Mastery. …

Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money …
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenshi…
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money 💵, all while living in a country or countries of their choice. So that they are living a better, higher quality of life and not under the control of any one single government. Maximize your wealth management, protect your assets, and gain location independence with International Money Mastery. …

Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money …
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenshi…
Global Citizen Life is a boutique consulting firm where we help entrepreneurs, business owners, and retirees diversify their life so they can legally reduce their taxes💰, obtain multiple citizenships and residencies, accumulate international investments, protect their assets, and make more money 💵, all while living in a country or countries of their choice. So that they are living a better, higher quality of life and not under the control of any one single government. Maximize your wealth management, protect your assets, and gain location independence with International Money Mastery. …