Annuities used to be a hit among those in the Baby Boomer generation. Indeed, those who don't want to risk their principal ...

Key Points Events like a stock market downturn or prolonged inflation could hurt retirees. Inadequate savings and rising ...

Sharon Johnson has written stories published in Chicken Soup for the Soul, Woman's World, Smart News, Medium, Oregon ...

A new group of baby boomers is retiring and with it comes some unexpected ... “Rising healthcare costs, inflation, and market ...

When you reflect on the times baby boomers were growing up post-war, you might look back on them with envy. Everything was ...

Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the ...

Millions of US boomers are refusing to give their $84 trillion in real estate, wealth away to their adult kids — here’s why ...

Baby boomers, aged 61-79 years old, are holding nearly twice the savings of millennials ... has saved enough to fund a comfortable retirement," he explained. "At age 65, the average person ...

As the baby boomer generation enters retirement ... The interest accrued can snowball, quickly depleting their savings during retirement. “Work to pay down high-interest debt as quickly as ...

It won’t come as any surprise to learn that the baby boomer generation is widely considered the wealthiest generation in ...

Plus, as baby boomers transition from a steady paycheck to a fixed income, paying off interest can become more difficult. The interest accrued can snowball, quickly depleting their savings during ...