Most baby boomers heading toward retirement have little saved: study
More than half of baby boomers have saved less than $250,000 for their future retirement. (iStock) Baby boomers range in age from 60 to approximately 80 years old and are one of the largest generations in America. Many of this generation have already reached retirement age, but have little retirement savings. Research on the Alliance […]
Phone scams swindled Baby Boomers out of $3.4B in 2023: FBI
In 2023, baby boomers will be swindled out of more than $3.4 billion by scammers who call elderly victims with offers of bogus tech support or transfer money to fake accounts, leaving some “poor ” remained, federal officials said. According to one study, the amount of fraud reported by Americans 60 and older jumped 11% […]
CHARLIE KIRK & REBECCA WEBER: Boomers And Gen Z Must Work Together To Save America
Two groups of voters will prove decisive in the upcoming 2024 elections in November — Generation Z and older members of the Baby Boomer and Silent Generations. Both of these groups have millions of swing voters, and the party that appeals to them the best will win in 2024. Exit poll data from the last […]
Gen Xers and boomers are most confused by these emojis: study
They give emojis a low rating. Gen Xers and baby boomers understand the meaning behind digital icons, but lack confidence in their ability to use them. New research from University of Ottawa I found it. “Older users are less likely to use emojis, use fewer emojis, and are more likely to be concerned about their […]
How Baby Boomers became unlikely digital addicts
Millennials, Zoomers, and Gen A, the first “iPad kid” generation, are more susceptible to screen addiction, but it’s perhaps even more so among baby boomers. Not bad in terms of frequency, but not bad in actuality. While 25-year-olds, or even 15-year-olds, will blithely ignore you and scroll, text, or go back and forth on TikTok […]
Bitcoin will be ‘larger than gold’ thanks to baby boomers’ trillions, Galaxy CEO Mike Novogratz says – Fortune
Galaxy CEO Mike Novogratz said trillions of dollars of baby boomer wealth will eventually be transferred to Bitcoin. Marco Bello—Getty Images Galaxy Digital CEO Mike Novogratz told Bloomberg TV in an interview Thursday afternoon that investors will soon prefer trading digital gold over real trading. Although Bitcoin’s current market capitalization is less than one-tenth that […]
Blame the baby boomers for the housing shortage, Redfin says
National Association of Home Builders CEO Jim Tobin provides expert analysis of the U.S. housing market as demand falls due to rising interest rates. Struggling to find a home for sale? Older Americans may be to blame, according to a new report. Survey results published by real estate brokers redfin show The baby boomer generation, […]