The most recent numbers we have show 20% of the American population is living in multigenerational households.
They're pinched by rising costs and a shortage of skilled caregivers.
The American Association of Retired Persons estimates about three-quarters of people 45 and older want to stay in their homes as they age. One way for them to do that is co-housing. It gives people the opportunity to live independently but in a community where they share some expenses and activities including chores. There are 165 […]
The baby boomer generation is changing the way we think about senior living.
Renting a room from an empty nester can save a young person thousands a year. The older generation gets something, too.
More people and companies are looking at the benefits of a flexible approach to work.
How 44 million Americans make the most of their spare time.
Seventy and a half. That is the magic age that starts mandatory withdrawals from 401(k)s and other tax-deferred retirement accounts. The oldest members of the baby boom generation start hitting that age this year, and the milestone is expected to have significant implications for the financial services industry. Click the audio player above to hear […]
Almost half of the country's privately-owned businesses are owned by Baby Boomers. What happens when they retire?
We got some grim news from the Congressional Budget Office today. The CBO predicted that the budget deficit and government debt will more than triple during the next 30 years unless Congress and the White House change the laws on how much the country spends and takes in. A big part of the problem? The […]