Top News from Today's "Boomiverse"
Did Boomers Enjoy the Boom a Little Too Much?
Nancy Trejos
The Washington Post
June 5, 2008
Overview: “More than two-thirds of early Baby Boomer households, meaning those between the ages of 50 and 63, are financially unprepared for retirement. There are a number of factors contributing to that, the study found. Among them: Inadequate saving, income and wealth inequality and a slowing economy.”
http://blog.washingtonpost.com/thecheckout/2008/06/did_boomers_enjoy_the_boom_a_l.html?nav=rss_blog
Spendthrift Boomers Face Perilous Retirement: McKinsey
Wall Street Journal/ Blog
June 5, 2008
Overview: “A pillar of economics is the life-cycle theory of consumption. It holds that an individual saves little as a young adult, a lot in his middle ages, and not at all when he retires. A new study finds that the baby-boomer generation — the 79 million Americans born between 1945 and 1964 — has broken that rule with a vengeance and are ill prepared for retirement as a result.”
http://blogs.wsj.com/economics/2008/06/05/spendthrift-boomers-face-perilous-retirement-mckinsey/
Design that accommodates the aging boomer
Elaine Markoutsas
OC Register
June 5, 2008
Overview: “As baby boomers age, and issues such as compromised eyesight and dexterity become apparent, there's a lot more thought being given to design and remodeling concepts that make physical tasks easier. Design modifications are being made both in architecture and products that are better suited for multigenerational audiences with varied requirements.”
http://www.ocregister.com/articles/design-universal-design-2061129-aging-boomer