You Searched For "baby boomers" and got 20 results
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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 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 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
3 mins read
A laid-off baby boomer got frustrated with the job hunt so he started his own business. He explains why age is an asset for entrepreneurs.
Joseph Loria, 61, launched his business after losing his job last year. Now he's his own boss and h…
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
3 mins read
A baby boomer who collects 5 types of retirement explains why he retired in Texas after raising his family in Germany
A military veteran said Germany was a good place to raise kids but that he can stretch his retireme…
John Towfighi
4 mins read
A baby boomer from Baltimore moved to Germany 19 years ago and plans to retire there. He says free healthcare and quality of life are better than in the US.
Jeffrey Park, 63, has worked in Germany since 2005 and plans to retire there. He prefers the healt…
John Towfighi
4 mins read
A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US
Gary Hohenstein, 73, retired early and moved to Germany with his wife. He said his benefits go furt…
John Towfighi
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
Meet a baby boomer who will never retire because she has terminal cancer and can't afford to live off $1,800 in monthly Social Security
Mary, 68, was planning on retiring no later than 2025. Now, she said she'll work until she dies.
Juliana Kaplan
4 mins read
A retired baby boomer who still needs to work to get by thinks Social Security should be seen as a right in the US
Linda, 64, is retired. But that doesn't mean she's done working.
Juliana Kaplan
5 mins read
Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'
Retirees explain what it's like to live on Social Security checks and no savings.
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
Millennial and Gen Z retirements might actually be OK while boomers and Gen X could struggle. It's due to how savings have changed over time.
A Morningstar report found that boomers and Gen Xers are likelier to face shortfalls in retirement,…
Ayelet Sheffey,Madison Hoff
2 mins read
Baby boomers have been America's secret weapon for fending off recession
The retiring generation is pumping $76 trillion of savings into the economy, helping the US stave o…
Filip De Mott
5 mins read
A boomer couple who have pensions after working their whole lives said they're just scraping by after retiring: 'I can't imagine getting by on Social Security alone'
Nina and James, a boomer couple, face financial struggles after unexpected emergency expenses despi…
Noah Sheidlower
4 mins read
A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better
A boomer plans on moving back to the US when he retires because of Medicare benefits.
John Towfighi
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
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
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…