Boomers are holding on to their money for as long as they can, rather than handing them down as inheritance to their children, according to a new report. In recent years, around 12,000 boomers ...

Baby boomers, aged 61-79 years old, are holding nearly twice the savings of millennials, aged 28-43. The survey of 1,000 U.S. adults asked people about the savings they hold across all of their ...

This enabled baby boomers to feel financially secure and took away any emphasis on growing personal savings. Today, there has been a monumental shift from pension plans to more defined ...

It’s Your Money, Your Future—Own It (sponsor) Retirement can be daunting, but it doesn’t need to be. Imagine having an expert in your corner to help you with your financial goals. Someone to ...

Languages: English. You can get in touch with Alyce by emailing [email protected] A man's theory about why baby boomers don't understand young people's spending habits has gone viral on ...

The baby boomer generation is not getting any younger, and despite being senior citizens, they might not be getting all the discounts they had hoped for at this age. In fact, over the course of ...

While Baby Boomers have largely reached retirement age and are still the richest generation, a key financial trait separates poor retirees from those living out their twilight years comfortably.

That mindset can be hard to discard,” she says. “Some Boomers may have had unstable childhoods, we had a surge in the [mid-1970s] of divorces when the no-fault divorce laws came into effect ...

Let’s dig a little deeper into some costly mistakes boomers should avoid. The average new car payment in the United States is a whopping $735. If you are a two-car household, you may pay over $ ...