Money and financial issues will, sooner or later, creep into the life of everyone and the baby boomers are no exception. The difference is that the boomers have made and saved more money than any generation before them.
However money and financial planning have not always been top of mind for all baby boomers and many find themselves in debt or without enough savings for retirement. Add to that the recent turmoil in the financial market, which have substantially reduced the value of many a nest egg. For many it is not a happy situation.
This section of Hello Boomers Magazine will attempt, in a positive manner, to address some of the money and financial issues of the day!
If you have comments and suggestion to the individual articles please leave your input at the bottom of each article.
Here are some of the latest money news items from:
Personal finance advice, ideas - Money Magazine
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
Get your kids to fund their nest eggs
18 Mar 2010 at 2:33am
Naturally, affording retirement isn't an issue that weighs heavily on the minds of young people just starting off in the workforce. So it's no surprise that only 28% of workers under age 25 contribute to employer-sponsored retirement plans, as reported by tax information service CCH.
The price of testing your DNA
17 Mar 2010 at 1:19am
Worried that your genes predispose you to developing cancer, diabetes, or some other disease? Simply curious to unlock the secrets of your DNA -- say, whether you have better-than-average odds of living to 100?
Job-search tool: Headhunters
16 Mar 2010 at 10:30am
Decent job listings are pretty scarce these days -- which is why it's more important than ever to get your résumé in front of the top headhunters in your field. Executive-search professionals serve their client companies by quietly cherry-picking candidates for high-level jobs, many of which are never advertised. And if you're not on the recruiters' radar, you may miss out on prime opportunities. These strategies can help you get on the gatekeepers' good sides:
The lowdown on permanent life insurance
16 Mar 2010 at 10:26am
1. It's more coverage than most people need
