Many people assume that Baby Boomers, often seen as one of the wealthiest generations in history, will pass down significant inheritance to their children and grandchildren. But the reality might ...

It showed that, while Baby Boomers still lead the pack in terms of net worth, Gen X has leapfrogged their older counterparts in property wealth and shares. With the average 51-year old Gen-Xer ...

Add articles to your saved list and come back to them any time. The financial dominance of Baby Boomers is beginning to fade as new analysis shows Gen X has more wealth in property and shares than ...

KPMG’s analysis of asset distribution across four generational cohorts shows baby boomers currently lead with an average net worth of $2.31m, followed by Gen X at $1.88m, millennials at $757,000 ...

THE WORDS “retirement community” summon up images of easy chairs, overcooked food and endless daytime TV. Latitude Margaritaville, a community being built near Hilton Head Island in South ...

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As of 2019, the number of baby boomers in the U.S. was about 71.6 million, according to Pew. In the past decade, the phrase “OK, Boomer” has gained popularity among teenagers and young adults ...

Baby boomers, born 1946-1964, are retiring, impacting labor and economic productivity. Their retirement strains Social Security and Medicare, presenting public funding challenges. Investment ...

Despite gathering wealth for decades, boomers feel unprepared for the jobless years looming ahead: Researchers are calling the trend the retirement consumption puzzle ...

Misty Miller submitted her retirement paperwork seven years ago with over $500,000 saved. A week later, she asked for her job back. Miller, 65, was a legal secretary in the private sector before ...