Posts Tagged With ‘ baby-boomers ’

Are you a Baby Boomer who’s tired of the retirement routine? Well, you’re not alone! A growing number of Baby Boomers are ditching the rocking chair and starting their own businesses. This phenomenon, known as the Baby Boomer Entrepreneur Boom, is shaking things up in the business world and proving that age is just a […] Originally Published on BoomerBuyerGuides.com Continue Reading

This is a fact of retirement life: older Americans haven’t paid as much into Medicare and Medicaid as government spends on their healthcare and nursing home stays. But it is middle-class retirees who get the most out of the system, according to a new study. Middle-income households receive about $230,000 to $260,000 more in Medicare and Medicaid benefits, on average, during their retirement years than the total amount they’ve paid in. Their contributions consist of the Medicare payroll and income taxes deducted from workers’ paychecks, the portion of their federal and state income taxes devoted... Continue Reading

Let’s face it, cross-generational communication can be a real struggle. Just try talking to your Greatest Generation grandpa about Snapchat or TikTok – it’s really hard! But, in today’s society where we’re constantly interacting with people from all walks of life and a wide variety of ages and life-experience, it’s important to know how to […] Originally Published on BoomerBuyerGuides.com Continue Reading

The economy expanded smartly in the years before the Great Recession, just as it did before the COVID downturn. But the two recessions were markedly different, with opposite effects on when older workers signed up for Social Security, a new study finds. In 2008, the stock market slid nearly 40 percent. Older Americans with retirement accounts, wanting to recoup their losses, were more likely to keep working or looking for a new job during the protracted downturn. But skyrocketing unemployment pushed many older workers in the other direction. Social Security became an obvious fallback in the Great... Continue Reading

The most COVID deaths were among Americans over age 60, who accounted for 300,000 of the 500,000 U.S. deaths from the disease in its first year. A new study by the Center for Retirement Research finds, not surprisingly, that the oldest survivors of the early months of the pandemic were healthier than those who died from the virus. Taking this into account, the researchers estimated what mortality might look like in a “post-COVID” world in an analysis that was based on a big assumption – that COVID’s deaths were confined to a single year. Factoring in the early impact of the virus, the researchers... Continue Reading

The baby boomers are aging, and many are looking forward to the retirement years they have worked hard for. Unfortunately, however, their plans for retirement are being disrupted by a volatile stock market and increasing inflation. These retirees are being locked into low-interest bonds, annuities, and other investments that do not keep up with inflation. […] Originally Published on BoomerBuyerGuides.com Continue Reading

For many baby boomers, retirement is just around the corner. And, while retirement can be a time of rest and relaxation, it’s also important to consider how you’ll generate income during this stage of life. For many people, that means relying on assets such as savings accounts and investments to produce a reliable stream of […] Originally Published on BoomerBuyerGuides.com Continue Reading

White men have the most success over the course of their lives in holding on to well-paying jobs that require high-level analytical abilities and interpersonal skills, a new study finds. They have so much success that they often remain in this challenging non-routine work – astronomer, community college instructor, and analyst are examples – well into their 60s and even 70s. This isn’t the case for everyone else. White women and also Asian-American men and women with college degrees also frequently start their careers in positions with demands that are similar to white men. But after they... Continue Reading

Older Americans’ share of the labor force has doubled since the early 1990s, and they constitute roughly one in four workers today. But their dominance is mainly an artifact of the baby boomers’ demographic bulge moving through the labor force and says little about how employers view the growing ranks of aging workers. Employers’ willingness to hire or retain older workers, especially when someone younger is available, is an important issue for a couple related reasons. Boomers are under increasing pressure to work as long as possible to improve their finances before retiring. It’s also... Continue Reading

Today we are going to talk about Marc’s newest project his website www.babyboomer.org . Marc is an accomplished, highly instrumental & ambitious Top Executive Leader with 30 years of experience in delivering fiscal, strategic, & operations leadership in challenging situations. Skillful in launching sales & marketing programs generating record-setting revenues with expertise in presentation, negotiation & communication skills as well as adept at analyzing market & competitive condition & laying out a product vision that is differentiated & delivers unique value based... Continue Reading