Tag: baby boomers
There are now two reasons to postpone retirement. The financial reason has been covered repeatedly in this blog: working longer increases a retiree’s savings and monthly Social Security income, while shortening the number of retirement years that their savings will have to fund. If that doesn’t convince you, here’s the other reason: working longer may…
Traditionally, the picture-perfect retirement included a paid-off house. But the Me Generation isn’t sticking to the script. Snapshots of three generations of U.S. households on the cusp of retirement – people born in the Depression, at the beginning of World War II, and after the war – show that more of the most recent generation,…
