Daily Baby Boomer News Update: March 10, 2012

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Sat, Mar 10, 2012

Why Baby Boomers Won't Want to Retire
Midlife is sneaking up on the baby boomers. Some of them will look back on successful careers filled with accolades and awards, while others will proudly reflect upon raising self-sufficient children poised to become the adults of tomorrow. Still others will look back with gratitude that they survived all that life has thrown their way, and now they are finally ready to retire.
More Boomers Selling Homes, but Who Will Buy Them?
Baby Boomers putting their house up for sale could flood the market in coming years, while the younger generations may not be interested in buying, a new report says.

- Boomer Housemates Have More Fun
  Some single baby boomers are moving into group houses, a college-era solution to their modern needs. Housemates share costs, socialize, and cheer each other on through life's thick and thin.
- Gen X and late Baby Boomers face bleak retirements
  Unless Gen Xers and late baby boomers are able to make big changes in their savings, spending and debt habits, they are on track to become the nation's first generations to fare more poorly than earlier …

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