Retirees in France aged 65 and over now earn more than adults in the workforce, while American baby boomers struggle to afford retirement.
French Retirees Outearn Working Adults In France, retirees over 65 actually earn more than the average salary of working adults. According to recent analysis from the Financial Times, the average monthly income for pensioners was around 1,626 euros ($1,926) at the end of 2022. Interestingly, retirees are currently making about 2% more than people still […]
Why is it difficult for Americans to discuss race openly? The ‘Civil Rights Baby Boomers’ are to blame.
Generational Tensions “Boomer!” The sound of young people’s disdain for their older counterparts has become a commonplace part of our culture. It’s like a badge of honor for them to dismiss those who have more experience. There’s a narrative out there suggesting that some groups, particularly the so-called Civil Rights Baby Boomers (CRBBS), don’t seek […]
Survey reveals Boomers and Gen X are more likely to remain in rentals long-term.
Study Reveals Average Tenure of Renters A recent study shows that renters average about four years in their current homes. Among 2,000 surveyed American renters, 28% indicated they’ve been in their rentals for over seven years. Notably, baby boomers (41%) and Gen X (28%) tend to stay the longest compared to other generations. The research, […]
2 Ways the ‘Big Beautiful Bill’ Will Impact Boomers’ Retirement Funds
Impact of New Legislation on Retirement Savings A recently enacted law, referred to informally as the “big beautiful bill,” is expected to significantly affect the financial landscape for many working Americans. For those approaching retirement, it might lead to some promising upticks in savings. Essentially, the tax cuts included in this new legislation could free […]
Five Items Boomers Should Consider Selling in Retirement, Even If They’re Reluctant
For many retirees, simplifying their lives post-work should be a smooth process, yet holding onto certain possessions can unexpectedly drain savings or limit flexibility. Nostalgia, comfort, or simply habit can tie people to items that no longer serve a purpose. However, letting go can lead to a less cluttered, freer life. Here are five categories […]
One in three Baby Boomers reports they will never sell their home, according to a survey
– A recent survey reveals that over a third of baby boomers who own homes say they have no plans to sell, according to findings from the Redfin Committee. Additionally, 30% of respondents indicated they might hold onto their homes for at least a decade, although they remain open to the idea of selling. Interestingly, […]
Boomers are ruining spaghetti, but Gen Z cooks get it right: expert
The kids are fine. While the majority of Gen Z home cooks make spaghetti suitable for Italian family dinners, most baby boomers remain hopelessly lost in the shadow of the pasta pot, according to a new study. To better understand America's relationship with Sunday favorites, Barilla commissioned a starchy study that uncovered a surprising generational […]
Millionaire boomers less likely to share their wealth: Study
Research shows that millionaire Millennials and Gen Xers are more than twice as likely as Baby Boomers to prioritize sharing their wealth with the next generation. new research From financial services firm Charles Schwab. Data reveals that baby boomers born between 1946 and 1964 plan to spend most of their wealth rather than save it […]
Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger – Business Insider
President Trump wants to cut taxes on Social Security benefits, affecting current and future beneficiaries. Experts have warned that these cuts could deplete Social Security funds three years sooner than expected. Low-income baby boomers and young people will be hardest hit by Mr. Trump's proposal. Thank you for registering! Access your favorite topics in a […]
Boomers live on Social Security, no retirement savings – Business Insider
Down icon An icon in the shape of a downward angle. Mary Dacus, 69, said she and her husband (not pictured) survive on Social Security benefits. Image source / Getty Images Mary Dacus, 69, struggles to afford basic necessities on her Social Security income. Inflation and limited income have forced Dacus and her husband to […]