Top News from Today's "Boomiverse"
Boomers Have Their Own Style
Ann Robinson and Annie Vernon
www.desertnews.com
Overview: “Now that our children are gone, we need a bigger house! This is a sentiment we, as architects specializing in residential remodeling, hear a lot. Though it may not make sense on the surface, many "boomer" couples and individuals are experiencing this phenomenon.”
http://deseretnews.com/article/1,5143,695268955,00.html
Senior Citizen Fraud: How To Protect Yourself
www.nothcountygazette.com
Overview: “A Canadian couple is arrested for allegedly bilking victims across the U.S. by selling bogus credit card protection plans over the phone. A Maryland financial planning/estate lawyer pleads guilty to defrauding his own clients. A California man is convicted of stealing nearly $5 million from residents of a retirement home through an investment scheme. What’s the common thread here? All of the victims were elderly, and many lost their life savings. Why are the elderly such an attractive target for con artists? Many seniors have a ‘nest egg.’”
http://www.northcountrygazette.org/2008/04/10/senior_citizen_fraud/
The Medicare Puzzle Confuses Many Boomers
Barry Abisch
www.wfmj.com
Overview: “Baby Boomers who turn 62 during 2008 may opt for early retirement and apply for Social Security. But many of those same boomers don't seem to know how they will pay for medical care - an important consideration before giving up a job that offers group health insurance.”