Tompor, Susan,
Many Baby Boomers Will Scramble to Make Ends Meet in Retirement. Susan Tompor. - Detroit Free Press, 2005. - SIRS Enduring Issues 2006. Article 45, Family, 1522-3213; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Many Baby Boomers Will Scramble to Make Ends Meet in Retirement, Jan. 14, 2005; pp. n.p..
"No matter how you run the numbers, many baby boomers are looking at a far less glamorous retirement than all those delightful TV ads might suggest. Dreaming of tai chi classes on the beach? Kayaking in the Grand Canyon? Or maybe cruising off into the Caribbean sunset? The reality is that at least half of all baby boomers...will be in a serious cash crunch when they stop working." (DETROIT FREE PRESS) This article considers the financial future of boomers who will soon retire and relays that "many will have a tough time covering basic living expenses as well as the high-cost, late-in-life expenses for nursing home or home health care."
1522-3213;
Baby boom generation (1946-1964)
Financial security
Lifestyles
Older people--Economic conditions
Pensions
Retirement--Planning
Retirement income
Saving and investment
Social security
AC1.S5
050
Many Baby Boomers Will Scramble to Make Ends Meet in Retirement. Susan Tompor. - Detroit Free Press, 2005. - SIRS Enduring Issues 2006. Article 45, Family, 1522-3213; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Many Baby Boomers Will Scramble to Make Ends Meet in Retirement, Jan. 14, 2005; pp. n.p..
"No matter how you run the numbers, many baby boomers are looking at a far less glamorous retirement than all those delightful TV ads might suggest. Dreaming of tai chi classes on the beach? Kayaking in the Grand Canyon? Or maybe cruising off into the Caribbean sunset? The reality is that at least half of all baby boomers...will be in a serious cash crunch when they stop working." (DETROIT FREE PRESS) This article considers the financial future of boomers who will soon retire and relays that "many will have a tough time covering basic living expenses as well as the high-cost, late-in-life expenses for nursing home or home health care."
1522-3213;
Baby boom generation (1946-1964)
Financial security
Lifestyles
Older people--Economic conditions
Pensions
Retirement--Planning
Retirement income
Saving and investment
Social security
AC1.S5
050