Tag Archive | "baby boomers"

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Social Security would fund mid-life education, suggests author

With nearly 10,000 people a day turning 60 and the widespread fear they’ll eventually bankrupt Social Security, at times it can feel the United States is inevitably headed for a battle between young and old over how federal government dollars are spent.

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Baby boomers near 65 with retirements in jeopardy

“The situation is extremely serious because baby boomers have not saved very effectively for retirement and are still retiring too early,” said Olivia Mitchell, director of the Boettner Center for Pensions and Retirement Research at the University of Pennsylvania.

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Social Security fund will be drained by 2037

This year alone, Social Security is projected to collect $45 billion less in payroll taxes than it pays out in retirement, disability and survivor benefits, the nonpartisan Congressional Budget Office said Wednesday.

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Baby boomers near 65 with retirements in jeopardy

Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they’re hoping to retire.

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Boomers unhappiest over their own sex life

Only 7 percent of people between 45 and 65 describe themselves as extremely satisfied with their sex lives. And nearly a quarter of the middle-aged Americans say they are dissatisfied. Even among seniors, fewer are dissatisfied.

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Age no barrier in enjoying life to the fullest

These individuals are examples of people who’ve found ways of making the second half of their life as rewarding, if not more exciting, than the first.

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