Here are some interesting statistics regarding baby boomers nearing retirement from moneycentral.com, which you can read in full HERE. Please let me know your thoughts about them… Can you relate or are they far from the mark in your opinion?
- Now nearing retirement, the oldest baby boomers face perhaps the most challenging economic environment since the 1930’s.
- Boomers’ 401k plans were battered in the 2008-09 market meltdown – just as the first wave of boomers prepared to retire.
- About 15% of homeowners 55 to 64 recently owed more on their homes than the homes were worth.
- More than half of affluent 60 year olds (with about Read the rest of this entry »

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