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The Latest Breaking News from Baby Boomer

1 in 5 Gen Zers haven’t had a single conversation with someone over 50 in their workplace in the last year, LinkedIn research says

I’s on baby boomers and Gen X to make the first move.

Fortune

Millennials 'scarred from the Great Recession and COVID' are financially outperforming Gen Xers and boomers at the same age

A new study from LendingTree found millennials have a higher net worth than Gen X and baby boomers at similar ages.

Fortune

Can You Define Baby Boomers? Look at Trump and Harris

Trump and Harris are bookends of the sprawling Baby Boomer generation, which spans 18 years. No wonder they have different world views.

Kiplinger

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Boomers are the wealthiest generation that’s ever lived, finds Allianz. Millennials are the ‘biggest losers’ thanks to economic crises

“Even with the same savings behavior, no generation can match the wealth accumulation enjoyed by the baby boomers.”

Fortune

Baby boomer women are making big gains in the stock market

"It’s never too late to start investing."

Fortune

Need to Save More for Retirement? You're Not Alone, Says Study

A new Bankrate survey shows that 57% of Americans feel behind on their retirement savings. Here's what you can do.

Kiplinger

Volkswagen reportedly paying staff up to €450,000 to leave amid cost-cutting drive

Volkswagen is encouraging baby boomer employees to leave and reportedly offering six-figure payouts to other staff deemed surplus to requirements.

Fortune

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Do 1031 Exchanges Make Sense for Baby Boomers?

Here are four scenarios in which a 1031 exchange to defer capital gains taxes would be worth exploring if you're a Baby Boomer selling property.

Kiplinger

Talkin' 'Bout My Generational Wealth: Baby Boomers

With retirement, each generation has different priorities and challenges. For Baby Boomers, it's a matter of ready or not, here it comes.

Kiplinger

Generational Wealth Gap: Baby Boomers Need $556,000, Gen Z $461,000 to Feel Rich

Americans' perceptions of financial security vary significantly across generations, with Baby Boomers, Generation X, Millennials, and Generation Z each requiring different income levels to feel financially comfortable.

International Business Times UK

"This was a special instrument to him and it's kind of crazy to get to look at it and play it": JD Simo demos Mike Bloomfield's old '63 Strat and proves more than worthy of it

"Mike was the original guitar hero for the baby boomer generation"

MusicRadar

Finding joy in caregiving: Baby boomers find purpose in shopping for those they look after

Canada is on the verge of becoming a “super-aged” nation — a term that refers to nations where 21 per cent or more of the population is aged 65 or older. At present, Japan, Italy, Finland and Germany all meet this criteria, and Canada is expected to reach this milestone…

The Conversation

Gen X cancer rate set to surpass those of baby boomers

By the time they turn 60, Gen Xers are projected to see a cancer rate higher than that of older generations.

Fortune

30 Delightfully Wholesome Boomer Moments That Melted The Internet’s Hearts, Shared On X (New Pics)

Discover the unexpectedly delightful side of Baby Boomers with this collection of Wholesome Boomer Content! The post 30 Delightfully Wholesome Boomer Moments That Melted The Internet’s Hearts, Shared On X (New Pics) first appeared on Bored Panda.

Bored Panda

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Fortune

Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating those homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

Fortune

Millennials think they have it better than baby boomers, study reveals

43% of millennials say their financial situation is better than their parents’ was at the same age, while 32% say it is worse.

Fortune

The baby boomer bump: How ‘the richest retiring generation we’ve ever had’ is keeping the economy afloat

"They are spending on restaurants, cruises, traveling, and health care."

Bored Panda

Millennials, Boomers And Gen Z Can’t Stop Roasting Each Other, Here Are 56 Of The Funniest Memes

The internet is full of memes that poke fun at the quirks and oddities of older and younger generations. We scoured the web and curated a list of some of the best ones. The post Millennials, Boomers And Gen Z Can’t Stop Roasting Each Other, Here Are 56 Of The…

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Kiplinger

Six Essential Retirement Strategies for Baby Boomers

Emergency funds, estate plans, different kinds of insurance and smart investing strategies are all parts of a strong retirement plan.

Bored Panda

40 Posts Showing Off “Boomer Humor” That Are Funny Because They Aren’t Funny

These cringey baby boomer jokes are unexpectedly hilarious. The post 40 Posts Showing Off “Boomer Humor” That Are Funny Because They Aren’t Funny first appeared on Bored Panda.

WEKU

Many baby boomers own homes that are too big. Can they be enticed to sell them?

Lots of older Americans say they'd love to downsize, but it doesn't make financial sense. The housing roadblock has left some would-be buyers stuck. We asked experts what policies could change that.

The Guardian - UK

Life is good for baby boomers. But Jeremy Hunt plans to make it even better

Over-60s are richer thanks to high interest rates and well-performing pension funds. And the Tory voters among them will look kindly on a chancellor who helps out by cutting inheritance tax

Fortune

Housing market experts split on whether the ‘silver tsunami’ of baby boomer downsizing will happen in 2024

Baby boomers hold the largest share of housing wealth, at $18 trillion. What's going to happen to it?

Kiplinger

How Might the Great Wealth Transfer Change Society?

As $84 trillion in assets move from Baby Boomers to younger generations, we could see a greater emphasis on financial technology and investing based on values.

WEKU

Millions of seniors struggle to afford housing — and it's about to get a lot worse

Baby boomers are entering older age amid a historic affordable-housing shortage and widening inequality. A new study warns many won't be able to access the kind of housing or caregiving they need.

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