Top News From Today's “Boomiverse”
Aging Baby Boomers changing real estate
Sean Sposito
Star Ledger
February 5, 2010
Overview: “Baby Boomers have largely shaped the real estate market for the past few decades. They created demand for three-car garages, amenities such as outdoor kitchens and pools, and McMansions. But who will buy their houses when they’re gone?”
http://tinyurl.com/ycswp34
What's ahead for the housing market?
Marcie Geffner
Bankrate.com
February 5, 2010
Overview: “As the population ages, again due to the baby boomers, smaller homes may be in greater demand.”
http://tinyurl.com/y8nnsxm
Boomers: Action Plan If You're 50 and Haven't Saved A Dime
CNBC
February 4, 2010
Overview: “While many Boomers are trying to take action—even if it's a little late—most haven't saved nearly enough for retirement. The 2009 Employee Benefits Research Institute found more than one-third (36 percent) of Americans ages 45 to 55-years-old had saved $10,000 or less! Yet, nearly one-quarter (24 percent) of those forty- and fifty-somethings believe they'll need half a million to a million dollars to retire.”
http://tinyurl.com/ybk4bpy