You Searched For "Baby boomers" and got 20 results
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3 mins read
Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test
Some baby boomers are proactively passing down wealth, but a wealth manager says they should make s…
Kelsey Vlamis
7 mins read
Millennials are hoarding cash. That could hurt them in the long run.
Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…
Callie Cox
4 mins read
Some boomers aren't waiting to die to pass on their wealth — their millennial kids need it now
Financial planners say more boomers are proactively passing on their wealth as their millennial kid…
Kelsey Vlamis
2 mins read
You can thank the baby boomers for the stunning strength of the US economy
Instead of a recession, the US economy has seen resilient job gains with growth trending at just ov…
Matthew Fox
3 mins read
A boomer living on $1,680 Social Security and SNAP struggles to afford food: 'It has kept me very isolated.'
Rita, 68, lives in Pekin, Illinois on $1,680 a month in Social Security. Without savings, she strug…
Allie Kelly
4 mins read
A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).
Maureen lives on $1,601 monthly Social Security payments but doesn't want to use her 401(k) because…
Allie Kelly
2 mins read
Don't bet on a 'silver tsunami' of boomers selling their houses
Housing supply could remain tight as most older homeowners aren't planning to downsize, a survey sa…
Filip De Mott
3 mins read
A boomer helped pay for his daughter's college and her husband's student debt. He won't start gifting their inheritance until they curb their spending.
A boomer told BI he has helped his daughter and her husband pay for college and a home. He'd like t…
Kelsey Vlamis
4 mins read
A child-free boomer doesn't regret her choice despite the social pressure. She has financial freedom and can spend the rest of her life giving back.
Ann Snyder, 70, didn't want kids and has enjoyed the financial freedom that can come with that deci…
John Towfighi
4 mins read
A baby boomer who saved over $2 million for retirement explains what he thinks he did right to make the system work for him
Mark, 65, was one of the first group of retirees to switch to a 401(k) from a pension. He made it w…
Juliana Kaplan
7 mins read
Wall Street wants boomers to work longer. But nobody wants to hire them.
BlackRock CEO Larry Fink's solution to the retirement crisis is for everyone to work into their 70s…
Ann C. Logue
2 mins read
China's retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says
People 60 years and older are expected to make up nearly half of China's population by 2050, accord…
Jennifer Sor
3 mins read
A boomer living on $2,400 a month is waiting 8 years to collect maximum Social Security benefits, even though she's struggling to get by
Diane Williams, 62, struggles to afford basic necessities with her $2,400 monthly paycheck. But she…
Allie Kelly
8 mins read
Why so many baby boomers and Gen Zers are feeling lonely and happy at the same time: 'I could be in a room full of people that love me and still feel super lonely'
Boomers and Gen Z might not have much in common, but new research explains why the two generations …
Ayelet Sheffey
3 mins read
I'm Gen Z with baby boomer parents. They are more focused on my professional success than wanting grandchildren.
My parents are older, and I'm an only child. But they aren't pressuring me to have kids anytime soo…
Sandrine Jacquot
5 mins read
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
6 mins read
A major curveball in retirement preparedness: divorce
Divorcees have lower 401(k) balances, less savings, and a more limited monthly retirement income th…
Allie Kelly,Juliana Kaplan
3 mins read
A boomer lives on $2,600 monthly from Social Security and his Walmart job: 'If I had $1 million, I don't know what I would do with it.'
George Dziamniski, 62, leads a "simple" lifestyle that helps him afford the basics.
Allie Kelly
5 mins read
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
5 mins read
China's worsening relationship with US businesses could put AI's chip supply on shaky ground
China burning bridges with US giants and a potential invasion of Taiwan leaves the AI industry vuln…