You Searched For "baby 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
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
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
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
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
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 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
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 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
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
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
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
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…