Babyboomers.com

Boomers “Stealing” Jobs from Younger Workers

As the Class of 2013 migrates into the labor market, many fresh college grads will be startled by the lack of jobs. They might want to ask their grandparents if they know anything about that. The lean labor market has become a cutthroat turf battle, with many workers reluctant to cede ground to newcomers. And [...]

Older Boomers Retiring Faster Says Study

Now turning 67, the first set of baby boomers are busting myths and aren’t working until they drop, as predicted, according to a study by the MetLife Mature Market Institute. Fifty-two percent of boomers born in 1946 are fully retired. Of those, 38 percent said they’re ready to retire, while 17 percent cited health reasons [...]

A Record Low for Retirement Plans

Despite an improving economy and a boost for most 401k plans with the recent rise in the stock market, Americans’ confidence in their retirement has fallen to a new low. Nearly 60 percent of workers have less than $25,000 in total household savings and investments, according to today’s report by the Employee Benefit Research Institute. [...]

Strapped for retirement, more hope to work longer

After a long era of planning on earlier exits from the workforce, more Americans are planning to work longer to make up for their failure to save enough for retirement. Nearly half of Americans have little or no confidence they are financially prepared for retirement, a problem many of them intend to solve by working [...]

Why Do My Knees Hurt?

“Bend the knee,” a triumphant Queen Cersei tells Eddard Stark after outfoxing the nettlesome Northerner in “Game of Thrones.” When the noble Lord Stark declines, at great risk to his health, it is usually chalked up to an excess of probity. But what if he doesn’t bend the knee because he can’t bend the knee? [...]