You Searched For "Boomers" and got 20 results
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3 mins read
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…
Allie Kelly
4 mins read
A boomer who retired with a $2 million net worth despite working modest jobs shares his advice on retiring comfortably
An Idaho couple retired with a $2 million net worth by living frugally and making smart investment …
Noah Sheidlower
1 min read
Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…
Filip De Mott
5 mins read
Medicare coverage will change in 2025. Some boomers are already struggling to keep up with their medical bills.
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescri…
Allie Kelly,Juliana Kaplan
8 mins read
Boomers are selling off their businesses. Millennials are swooping in.
Americans over 50 own half of small businesses. The massive sell-off could be a $10 trillion opport…
Ann C. Logue
10 mins read
Boomers spent their lives accumulating stuff. Now their kids are stuck with it.
Baby boomers spent decades buying stuff. Now they have to have difficult conversations with their k…
Emily Stewart
4 mins read
A boomer said he's struggling to survive on Social Security after retiring early to care full-time for his wife
Robert Papalia, 74, retired early to care for his ailing wife, Marie, and they're struggling financ…
Noah Sheidlower
4 mins read
Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire e…
Jennifer Sor
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
4 mins read
A retired boomer splits his time between Nebraska and Mexico. He says life is affordable in Puerto Vallarta and there's a lively LGBTQ+ community.
Bill MacKenzie, 67, said Puerto Vallarta, Mexico provides an affordable, relaxing retirement.
John Towfighi
4 mins read
A Texas baby boomer who retired at 60 and moved to Mexico says housing, food, and a good life are cheaper, but gas is more expensive
Geary Bartmess III retired at age 60 in Puerto Vallarta, Mexico, after a career as a lawyer in Tex…
John Towfighi
3 mins read
A boomer lives on $1,768 monthly Social Security and says she's a few hundred dollars away from losing access to necessities
Michelle Russell, 70, lives on her monthly Social Security income but it isn't enough to pay her bi…
Allie Kelly
5 mins read
Many boomers on Social Security live near poverty and don't tell anyone. It's adding to the loneliness crisis.
With limited money to maintain a social life, many baby boomers feel lonely and isolated.
Allie Kelly
4 mins read
A boomer from Texas retired in Panama for the low cost of living and lifestyle. She said it feels like 'Christmas every day.'
Saundra Lohr, 68, retired in Panama after living in Texas. She loves the quality of life and afford…
John Towfighi
3 mins read
Meet a boomer with no retirement savings — and no regrets
Nancy has lived her life by her values. But she's a little worried about what will happen when she …
Juliana Kaplan
5 mins read
A retired boomer who gets $1,662 in Social Security moved in with roommates to afford her medical bills: 'It's the only way I can afford to live comfortably'
Marion, 70, moved to Ohio to live with two roommates due to rising rent in Washington, helping her …
Noah Sheidlower
3 mins read
A veteran baby boomer retired in Germany before relocating to South Korea. He says the healthcare is affordable and he can travel easily.
Danny Keay, 60, initially retired in Germany but later moved to South Korea. He prefers the healthc…
John Towfighi
6 mins read
Meet the boomers cashing in on the golden age of retirement
For a certain cohort of retirees, retirement has meant financial stability and peace of mind.
Juliana Kaplan
2 mins read
2 maps show how Americans rely on income like Social Security more than they used to
An aging population and high healthcare costs mean that more Americans are leaning on government as…
Allie Kelly,Madison Hoff
4 mins read
A Texas boomer couple who retired to an expat hot spot in Ecuador explains how it helps them save money
Karl and Brenda are loving their retirement life in Ecuador, and have even been able to grow their …