Sentences with phrase «of baby boomers own»

A recent report by the Insured Retirement Institute shows that only 27 % of baby boomers are very confident they will have enough money to see them through retirement.

Also, with many of us Baby Boomers now caring for elderly parents, you should have some serious reservations about retiring if you expect many years of financial support will be required for them.

The march of baby boomers into retirement age is also a key driver for self - storage, as many older Americans are starting to sell their larger homes but want to hold on to the things they've collected over the past few decades — all the better for storage REIT like Life Storage Inc (NYSE: LSI).

A 2013 study from the University of Michigan Retirement Research Center found that almost a quarter of baby boomers have debt that exceeds their total assets.

According to this survey from Retirement Journeys, 11 % of Baby Boomers plan on using annuities as a component of their retirement income plan.

Not only do we have more people coming out to work in the oil and gas industry but we're seeing a lot of baby boomers selling their homes in other parts of Canada and returning home.»

36 - 37 % keep a balance on their card, as opposed to 29 % of the Baby Boomers and only 16 % for the Silent Generation (the oldest generation).

But what really set the housing market up for such great gains wasn't just the buying habits of family - making millennials, it was the selling habit of Baby Boomers.

I remember my first article in 1992, where I suggested that the graying of the Baby Boomers would lead to the termination of most DB plans.

(You have to add in agents of the baby boomers, including the defined benefit plans, and the growth in 401 (k) s, and products like them.)

I believe stocks have been bid up because of the benefit needs for the retirement of the baby boomers.

Be wary, because the troubles of the graying of the Baby Boomers will overwhelm those that try to provide long term care.

Just 60 percent of Gen Xers and 56 percent of baby boomers report doing the same.

Portfolio Strategies Optimizing Your Retirement Income: What Works Best and Why Only a small minority of Baby Boomers are accumulating enough savings to provide for their income needs.

60 % of Baby Boomers think they need less than $ 1 million in retirement [1]-- yet, experts estimate that the average American needs at least a quarter of a million for health care costs alone.

[1] In fact, 20 percent of Baby Boomers don't have a single dollar put away for retirement.

For those born in 1937 or earlier, that age lines up with the preferred retirement age of 65; however, if you're one of the baby boomers this age has increased to 66 and it's expected to climb even further for those born in 1960 or later to age 67.

The asset allocations of Baby Boomers» 401 (k) s are dangerously out of balance.

One recent study (conducted by behavioral finance analytics firm Boston Research Technologies) found that 53 % of baby boomers who had drained a workplace retirement plan account regretted their decision.

Mitigating against these factors are the low payout ratio of the market as a whole and the income demands of baby boomers as they retire.

Didn't the parents of the baby boomers have to raise us and worry also about their aging parents?

The percentage of Baby Boomers feeling extremely or very confident they will have enough money to last throughout retirement has declined significantly to 27 %.3

So in the spirit of taking good care of baby boomers — and especially baby boomer moms — here are some retirement saving tips:

Its business model is simple, and demographic trends — namely the aging of the Baby Boomers — suggest healthy growth for the foreseeable future.

The pension cost curve is inexorable, and I suspect most municipalities can bear it for the next six years, but will have a hard time with it as the tail end of the Baby Boomers retires in the 2020s.

There are a lot of Baby Boomers out there who have not done well, and are looking for one miraculous venture to give them the retirement that they dreamed of.

Experts agree that the large pool of baby boomers deferring retirement beyond the traditional age of 65 represent a formidable cohort for governments and employers to contend with.

Only 11 % of baby boomers plan to buy a house in the next 12 months, while 44 % of Canadians plan to stay in their own homes when they retire.

I am not convinced that a lot of baby boomers will continue to work into their mid to late sixties, even if their financial house is not in order.

The first wave of baby boomers has already hit 60.

In fact, 48 % of millennials in Canada work from home and 33 % would like to, whereas just 29 % of baby boomers work from home and only 18 % would like to.

Research indicates that 68 % of baby boomers have less than $ 250,000 saved for retirement.2 Even when adding in other means to fund retirement, most baby boomers are coming up short.

Beattie, whose fiction Vanity Fair calls «irony - laced reports from the front line of the baby boomers» war with themselves,» packs insight and humor into her examination of the First Couple with whom boomers came of age.

That compares with 45 % of Gen Xers, 43 % of Baby Boomers and 36 % of those in the Silent Generation.

And a big fat population of baby boomers, now heading into retirement, will continue to buy them for the foreseeable future.

Mary Boland, brand manager for the Bonneville, says the redesign will help her reach a target audience of baby boomers between 40 and 55 years old.

The first shift was the changing demographic landscape, with the leading edge of the baby boomers starting to reach driving age.

The Mustang came along at the right time, when the first of the baby boomers were coming into young adulthood and their forty - ish parents, about to be free of their offspring, could think about something other than four - door sedans and station wagons.

For one, the two unions are looking after the interests of Baby Boomers, who, despite their dwindling numbers, remain the most - influential within the rank - and - file.

From 2006 - 2010, Gomperts served as president of Civic Ventures (now Encore.org), an organization devoted to promoting the engagement of millions of baby boomers in encore careers for the greater good.

The retirement of baby boomers creates an «amazing chance to make a difference for decades to come,» said Arne Duncan, secretary of education, in a telephone interview.

Considering the number of baby boomers entering their senior years, the country needs more such institutions, sociologist, educator and author Sara Lawrence - Lightfoot told an audience Tuesday at the Four Arts.

As the Wall Street Journal «s James R. Hagerty reported earlier this month, more jobs are appearing in the manufacturing sector after a decade - long decline; the retirement of Baby Boomers also means more high - paying jobs on factory floors.

Mooresville Graded School District Superintendent Dr. Mark Edwards said it's important to consider the fact that the state will see large numbers of baby boomers retiring during the next five years or so.

When the first of the baby boomers entered the job market in the 1970s, many of them holding freshly minted college diplomas, the economic value of a bachelor's degree plummeted, leading Harvard labor economist Richard Freeman to fret over the plight of the «overeducated American.»

Business Insider reports that millions of these Baby Boomers have retired just in the last six years and 10,000 of them turn 65 every single day.

At the same time, the generation of Baby Boomers is rapidly retiring.

Due to the inevitable retirement of millions of Baby Boomers in the coming years, businesses risk losing access to a wealth of skills and knowledge.

By the time 60 Minutes aired a story on the children of baby boomers last fall, Levine was called «one of the foremost authorities in the country on how children learn.»

The plot is so similar to «The Big Chill» that it almost could be called a remake, except that it isn't nearly as funny, it follows millennials instead of baby boomers and the characters tweet.