Top News from Today's "Boomiverse"

In Act 2 of Life, Doing Work That Matters
Jane E. Brody
The New York Times
July 8, 2008

Overview: “Dr. Pressman is a classic example of a retiree who reinvented himself. Marc Freedman, the founder of Civic Ventures, an institution seeking to capitalize on the experience of baby boomers in solving the world’s problems, calls it ‘Encore: Finding Work That Matters in the Second Half of Life’.”

http://www.nytimes.com/2008/07/08/health/08brod.html?_r=2&ref=science&oref=slogin&oref=slogin

Myths About So-Called Bust to Follow Aging Baby Boomers
Russell Beland
The Mercury News
July 9, 2008

Overview: “The warnings have rumbled for decades: Just wait till the baby boomers retire. If you think there are strains on Social Security and Medicare now, brace yourselves for the implosion as the boomers start heading out to pasture. With the first of that generation now doing just that, we should be seeing the dust cloud soon, right? Actually, if you've bought into the following myths about the bust the baby boom is supposed to usher in, you may be surprised.”

http://www.mercurynews.com/opinion/ci_9825491

Build Your Balance
Anne Lampe
The Sydney Morning Herald & The Age
July 9 2008

Overview: “Recent research by Russell Investments, based on Australian Bureau of Statistics figures, shows 41 per cent of full-time workers expect to shift to part-time work before retiring, while 20 per cent don't expect to retire at all… A Newspoll survey shows 43 per cent of baby boomers expect to work past 65, with 57 per cent of middle-income earners citing financial need as the main reason.”

http://www.moneymanager.com.au/articles/2008/07/07/1215282744150.html