Top News From Today's "Boomiverse"
America Speaks out on Retirement: New Research Reveals That Guaranteed Income for Life is Top Retirement Goal for 97 Percent of Baby Boomers
Business Wire
June 28, 2007
Overview: Press release announcing, “New research sponsored by AIG SunAmerica and conducted by Harris Interactive reveals that securing a significant source of retirement income guaranteed for life is a top financial goal for virtually all baby boomers.”
Boomers don't plan to slow down
Fernando Quintero
Rocky Mountain News
June 28, 2007
Overview: Quintero shares results from a survey conducted by the Rose Community Foundation of Denver. “The report concludes that half of the boomers surveyed plan to volunteer after retirement because they have passion for a cause and want to help the community. Most also intend to continue working - many out of economic necessity.”
http://www.rockymountainnews.com/drmn/local/article/0,1299,DRMN_15_5606119,00.html
More Motorcycle Deaths As Boomers Hit The Road
James Schugel
WCCO.com
June 27, 2007
Overview: Schugel reports, “Experts say many of riders have never been on a cycle before. In fact, two-thirds of all motorcyclists in Minnesota are baby boomers and late Generation Xers who might not have the experience.”
Comments (1)
Most boomers understand that the cost of
health care after they reach 65 will be
substantial, but most haven't a clue as
to the actual cost. Studies from major
research companies have indicated that
a 65 year old couple retiring in 2007
will spend out-of pocket in excess of
$240,000 during the remainder of their
combined lifetimes. This figure includes
Medicare premiums, supplemental health
insurance premiums and any costs not
paid by either like prescription drugs,
co-pays and non-covered health related
expenses.
Few boomers have planned for this kind
of expense. Most will have to work in
some capacity to afford it.
Our site RetiredBrains.com assists in
helping older boomers, seniors and
retirees connect with employers looking
to hire them. There is no charge to
search for a job or post a resume.
Posted by Art Koff | June 29, 2007 8:28 PM
Posted on June 29, 2007 20:28