In today’s article from Business Insider, author Michelle Hirsch sheds light on new statistics for unemployed Baby Boomers and the facts are dismal. Not only are older workers challenged by
Now isn’t the time for Boomers to be playing Russian Roulette with finances. Retirees depend upon interest income, along with pensions and Social Security. All three are under fire, causing some to take on riskier investments in an attempt to make up the difference between the damage caused by Fed policies pushing short and long rates down to historic lows, while encouraging inflation in food and other basic necessities, thereby constantly nibbling away at inflation adjusted incomes.
Far too many financial advisors and gurus believe today’s low interest rates are virtually guaranteed for some time as this is the Fed’s announced policy. I’ve learned over time that markets actually rule.
If you use a BlackBerry for your communications, you’ll want to get a heads up on what’s happening with the company.
Anne Marie Kelly, in her Forbes article, provides some hard hitting statistics . . .
There’s cause to be Restless. Is having enough money to see you comfortably through retirement years increasingly weighing on your mind?
Assets like homes, condos, 401ks’, IRAs’, stocks, bonds and investment properties, coupled with pensions, healthcare, Social Security and Medicare were once thought to guarantee comfortable Boomer retirements. Unfortunately,