Online Banking – Convenient Boon Often Ignored by Boomers

More than 80 percent of American adults now use computers or smartphones to do their banking — nearly one-third more than just two years ago. But many older people continue to sit out this growing trend. True, about half of those 65 and older don’t have home internet service. But millions who do still choose to remain old-school over online when it comes to banking, and only 1 in 5 retirement-age smartphone users ever do mobile banking. Why? Studies find …