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Baby boomers are approaching "peak burden" on the economy

A wave of retiring baby boomers means the generation will soon reach "peak burden" on the US economy, ec.....»»

Category: topSource: businessinsiderApr 25th, 2024

Family-owned business: Careful planning helps family businesses pick new leaders — Table of Experts

Many small, family-owned businesses, historically the backbone of Western New York’s economy, are approaching a generational shift in leadership as baby boomers arrive at retirement age. All eyes are on the next-in-line. They have the benef.....»»

Category: topSource: bizjournalsApr 12th, 2024

Millions of baby boomers are getting caught in the country’s broken retirement system

The large bulge of Baby Boomers is heading to retirement with little to support them. It's not their fault, and the country will have to bear the burden......»»

Category: smallbizSource: nytMay 4th, 2020

Blue collar boom? College grads, baby boomers big winners in Trump"s economy

U.S. President Donald Trump rolled out an eye-catching statistic in his State of the Union address Tuesday: the wealth held by the poorest half of American households increased three times as fast as the wealth held by the "1%" since he became president......»»

Category: topSource: reutersFeb 7th, 2020

5 things millennials are paying for that might surprise their parents

Plastic surgery, egg freezing, therapy, and the rental economy: Millennials are spending on what was viewed as taboo or unavailable to baby boomers......»»

Category: topSource: moneycentralJan 27th, 2020

Expert Insights: Trends in Retirement Home-Buying and -Selling

There’s a segment of the real estate population that often goes forgotten—baby boomers. The baby boomers, a generation in which the oldest members are now approaching their mid-70s, have a homeownership rate of about 8.....»»

Category: realestateSource: rismediaOct 31st, 2019

"Money for Nothin’: Have We Met Dire Straits?

There is a song being played in the US economy, and those same baby boomers are rocking out on the lowest interest rates of the last 80 yearsRelated Stocks: OXY, TGT, IPOS,.....»»

Category: blogSource: gurufocusOct 18th, 2019

There"s a theory that stingy millennials are to blame for the sluggish economy

Following the financial crisis, millennials are saving more than the Baby Boomers did before them, and this slowdown in spending is hurting the economy......»»

Category: topSource: moneycentralOct 7th, 2019

How baby boomers retiring will affect the economy

North America went through a period known as the ‘baby boom’ after World W.....»»

Category: topSource: moneycentralSep 18th, 2019

These 8 gig jobs could boost your bottom line in retirement

Baby boomers are taking up extra work through the growing gig economy. Here's what you need to think about if you want to boost your bottom line in retirement......»»

Category: topSource: moneycentralApr 23rd, 2018

7 ways life is more expensive today for American millennials than previous generations

The financial struggle for millennials is real. Compared to Gen X and baby boomers, they shoulder a different financial burden. While millennials have benefitted from an increase in income, it hasn't kept up with the inflated cost of living......»»

Category: topSource: moneycentralMay 21st, 2018

Baby Boomers In Gig Economy Make 60% More Than Millennials

Baby boomers working jobs in the gig economy are raking in more money than younger workers, are far less fi.....»»

Category: blogSource: zerohedgeJul 18th, 2018

Why Different Generations Are Drawn to the Rising Gig Economy

Baby Boomers, Gen Xers, and Millennials all have different reasons for participating in the gi.....»»

Category: europeSource: fortuneJul 24th, 2018

The Hottest Start-Up Market? Baby Boomers

The staggering size of the so-called longevity economy has been attracting more entrepreneurs, deep-pocketed financiers and events to pitch new ideas......»»

Category: smallbizSource: nytJan 14th, 2019

‘Gray’ divorce is sky-rocketing among baby boomers. It can wreak havoc on their retirements

‘Gray’ divorce is sky-rocketing among baby boomers. It can wreak havoc on their retirements.....»»

Category: topSource: yahoo22 min. ago

WEF President Warns Of Alarming Global Debt Levels Approaching Historic Highs: "We Cannot Get Into A Trade War"

Borge Brende, the president of the World Economic Forum, expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Ready or not, the youngest boomers are retiring

Peak boomers' retirement struggles might end up being a wake-up call for younger generations. Ascent Xmedia/Get.....»»

Category: smallbizSource: nytApr 22nd, 2024

These Baby Boomer Brands Are Still Booming After All These Years

Baby Boomers are typically defined as those born between 1946 and 1964. This generation was formed by some of t.....»»

Category: worldSource: nytApr 18th, 2024

10 Least Popular Classic Rock Artists According to Baby Boomers: Ranked

Of the 10 least popular classic rock artists according to baby boomers: ranked, ful.....»»

Category: personnelSource: nytApr 18th, 2024

Most Popular Appliance Brands According to Baby Boomers: Ranked

We all use appliances every day. Maybe you’re reading this as you drink your morning coffee…that you made with your coffeemaker. Perhaps you’re on you.....»»

Category: dealsSource: nytApr 17th, 2024

Millionaire homeowners in metro Phoenix are getting younger

Baby boomers, step aside. The most prevalent group of millionaire homeowners in the Valley are those in the Gen X generation, according to a recent study......»»

Category: topSource: bizjournalsApr 17th, 2024