Monthly Archives: December 2016

Baby Boomer Spending Habits

It is natural that we boomers who have reached retirement age, spend our money in two ways.  We spend our money on the necessities of life.  We call this non discretionary spending.  Non discretionary spending includes paying for our housing cost, purchasing food for our table, paying off debt, taking care of our insurance needs,… Read More »

Baby Boomers Planning For and Redefining Retirement

Retirement for baby boomers is not the same as it was for previous generations.  What used to work just fine, no longer cuts the mustard.  Baby boomers need to rethink and redefine their retirement plans.  And the sooner we do that the better.  Here is some food for thought. How long do we think we’ll… Read More »

Baby Boomer Retirement Crisis – What To Do About It

Baby Boomers are facing retirement in a manner that no previous generation has had to.  The phrase “baby boomers retirement crisis” may likely be overkill.  But we are definitely challenged by our retirement situation. What’s the problem The crotch of the problem is money.  Although part of the problem is that we haven’t saved enough money… Read More »