Retirement Generation Gap

Retirement Generation Gap

Posted On September 16, 2011

Millennials and Generation X will have to save much more for retirement than their parents’ generations, according to recent surveys of investment advisors. In a 2010 Scottrade survey, most (77%) advisors set the “number” at $2 million or more for Millennials. More recent surveys have set slightly lower targets for…

Categories: Work

Boomers Blocking Xers

Posted On September 19, 2011

Just when Generation X is reaching its peak career and earning years, they are finding that the Baby Boomers won’t get out of their way. Many Boomers are delaying retirement due to the recession or simply because they prefer to work. In fact, the participation rate in the labor force…

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Baby Boomers, Work

Boomers Not Sharing the Wealth

Posted On September 9, 2011

Many Baby Boomers, even wealthy ones, have no intention of leaving an inheritance. Instead, they plan to use their fortunes on themselves. A new study by U.S. Trust shows that less than half of wealthy Boomers surveyed plan to leave an inheritance. About the same number have not even told…

Categories: Baby Boomers, Work

Facebook Gets Grayer

Posted On September 7, 2011

According to the Pew Center’s latest look at social media, Baby Boomers and Matures are now the demographics driving explosive growth in social networking, while Millennials’ use of such sites has flattened. While social networking sites are still enormously popular among Millennials – 83% use them – growth in their…

Categories: Baby Boomers, Generations, Matures