So why do we have so much debt? The federal budget can help answer that question. The largest items in the federal budget are Medicare and Medicaid, which account for…
Working Late
For the baby boom generation, 70 is the new 60. That’s not only because baby boomers are living longer than previous generations, but because they’re working longer. During the most…
Baby Boomer Bust
Each day, another 8,000 baby boomers turn 65. The U.S. Census Bureau says there are more than 77 million baby boomers, defined as those born between 1946 and 1964. By…
How Baby Boomers Can Benefit the Economy – Keep Working
If baby boomers decide to postpone their retirement, it may not solve all of the country’s economic problems, but it will help address most of them. So it’s good news…
Fewer Small Investors: What It Means
In our last post, we made the point that small investors are having a smaller impact on the stock market. So what does it all mean? For one thing, it…
Small Investors Making Smaller Impact
Small investors get no respect. When they’re leaving the market, it usually means the market is heading up. When they’re investing in the market, it usually means the market is…
Bust-Proof Investing For Boomers
We’ve been focussing on the “senior bust” that many baby boomers will face as they approach retirement. So how can baby boomers avoid the senior bust? The starting point is…
Boomer Budget Busters
In 1950, there were 16 workers to support each Social Security beneficiary. Today, only 3.3 workers are supporting payments for each retiree …