For Baby Boomers, Lessons In Financial Basics
The generation that came of age in the 1960s is beginning to retire. Born after World War II, they grew up in an era of rising living standards, but the Great Recession destroyed any sense of financial...
View ArticleFrom Grief Comes A Mission To Make Estate Planning Less Daunting
A Seattle widow's one-stop estate planning advice blog was inspired by her own paperwork frustrations after her husband's death. Chanel Reynolds offers a checklist of documents to prepare, a will...
View ArticleAnnuities Explained: The Choices And Red Flags
Older Americans and younger boomers may find themselves bombarded with ads for annuities. Annuities are a $200-billion-a-year business for life insurance companies and financial institutions....
View ArticlePlanning For Retirement When Savings Fall Short
For most Americans, the math for a comfortable retirement may never add up. According to recent census figures, Americans ages 55 to 65 had about $45,000 in savings and assets, not including their...
View ArticleDeciding The Right Time To Claim Social Security
When it comes to collecting Social Security benefits, there is no magic age. Today's boomers can begin collecting full benefits at 66, tap in early at 62 or delay benefits until 70. Mary Beth Franklin...
View ArticleDebt And The Modern Parent Of College Kids
How should boomers plan to pay for school when, on average, students graduate from college in the U.S. with $25,000 in debt? Ron Lieber, who writes about personal finance for The New York Times, tells...
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