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The Latest Breaking News from Baby Boomer

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

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

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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."

Fortune

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…

Bored Panda

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.

Kiplinger

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.

Bored Panda

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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.

WEKU

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

The Guardian - UK

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?

Fortune

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.

Kiplinger

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.

WEKU

Whoopi Goldberg tells Gen Z and Millennials that the reason they can’t get on the housing ladder is because they “only want to work four hours” a day

Whoopi Goldberg—a baby boomer with an estimated $60m net worth—thinks the American dream is out of reach for young people because they’re simply not working hard enough.

Fortune

The ‘great wealth transfer’ isn't $73 trillion but $129 trillion, Bank of America says—and the government gave most of it to baby boomers

Boom! Government policy has really enriched a certain generation of Americans—ones who have been in power for decades.

Fortune

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The Independent UK

Kimberly Palmer: How to plan for a potential inheritance

Baby boomers are poised to pass on an enormous amount of wealth to their children and grandchildren over the next two decades

The Guardian - UK

It’s high time Tory baby boomers stopped hoarding their wealth

The new round of austerity is guided by older voters’ insistence on keeping their subsidies and tax breaks – can’t they show some generosity?

Kiplinger

Gen X Should Prepare Now for the Great Wealth Transfer

As the Baby Boomer generation ages, it’s more important than ever that Gen Xers talk to their family and understand how their wealth situation could change.

Fortune

Boomers are pushing millennials out of the housing market for 3 main reasons

BofA: "In the current environment...baby boomers are better equipped financially for home purchasing."

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Fortune

Housing economist breaks down why millennials are losing out to boomers as top buyers of homes on the market

As baby boomers downsize and millennials finally enter the housing market, they are in direct competition for similarly priced and sized homes.

France 24

How old is 'too old' to run for president? Biden announces re-election bid

After US President Joe Biden announced he was tossing his hat in the ring for a second term, we ask about his fitness for the job. Is Biden up to the task of being once again the world's most powerful person? More broadly, is US politics skewed towards seniority? Is…

IT Pro

Can we ever achieve cyber security buy-in?

If you ask IT professionals what their top concerns are, security will certainly be among the top five. Whether it’s preventing ransomware attacks, regular patch management or trying to ensure users don’t click risky links, cyber threats are always lurking in the background ready to cause a crisis. While the…

The New Daily

Alan Kohler: The Liberal Party is a retirement village for male baby boomers

The Liberal Party is not only seen as having no answer, it’s seen as part of the problem, writes Alan Kohler.

The Guardian - UK

We privileged baby boomers are the real ‘snowflakes’

Letters: Readers on the tendency of people to grow more rightwing as they age

Fortune

The average net worth of Baby Boomers, who are expected to pass on $53 trillion when they die

Baby Boomers' net worth has creeped into the millions. They're expected to pass on trillions to the next generation, but they might need these expert tips to protect it.

Fortune

Baby boomers have an average of $162,000 in their retirement savings

For boomers who are looking to supercharge their retirement savings, experts suggest saving more in tax-advantaged accounts and delaying cashing in on their social security benefits.

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