Many Baby Boomers Will Scramble to Make Ends Meet in Retirement. Susan Tompor.
by Tompor, Susan; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 45Family. Publisher: Detroit Free Press, 2005ISSN: 1522-3213;.Subject(s): Baby boom generation (1946-1964) | Financial security | Lifestyles | Older people -- Economic conditions | Pensions | Retirement -- Planning | Retirement income | Saving and investment | Social securityDDC classification: 050 Summary: "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."| Item type | Current location | Call number | Status | Date due |
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| REF SIRS 2006 Family Article 44 Not Your Father's Auto Industry? Aging, the Automobile, and the.... | REF SIRS 2006 Family Article 44 The Changing Psychology of the Older Consumer: The Myth of Aging.... | REF SIRS 2006 Family Article 45 Boomer Bust: They're Changing How America Retires. | REF SIRS 2006 Family Article 45 Many Baby Boomers Will Scramble to Make Ends Meet in Retirement. | REF SIRS 2006 Family Article 45 Glimmer of Golden Years Fading for Some. | REF SIRS 2006 Family Article 45 Few Are Counting on Social Security Check. | REF SIRS 2006 Family Article 46 Age-Old Question. |
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."
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