Most baby boomers couldn’t envision their early adult years without a car. However, times are changing and younger commuters are leading the way. According to an October study (http://uspirg.org/reports/usp/millennials-motion) by U.S. Public Interest Research Group (U.S. PIRG) and the Frontier Group, millennials — those born between 1983 and 2000 — are driving significantly less than [...]
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Baby Boomers
Resetting Your Life for Retirement
on January 6th, 2015
The phrase “downsizing for retirement” is popular with Baby Boomers, the youngest of whom turned 50 last year. It sparks a conversation about transition, which may include buying fewer new things, selling, gifting or donating possessions that are no longer needed and relocating to smaller quarters to create a more comfortable and affordable retirement. If [...]
The Baby Boomers’ long goodbye
Boomers are staying on longer than planned because their retirement savings still haven’t recovered from the Great Recession. ‘Freedom 55’ has become a joke, now modified to ‘Freedom 85’. A longtime workmate recently told me about his new retirement plan: “I am going to work until 85, retire for one year, and then shoot myself!”