boomers

AOL Reverses 401(k) Policy After Blowback

Posted on 02/10/2014 by | Money and Work | Comments

Money & SavingsLike boomers (and all workers, for that matter) don’t have enough to worry about when it comes to saving enough for retirement. Now actions by AOL’s Tim Armstrong may be setting a dangerous example for other companies to follow. First, the chief executive of AOL told employees Thursday he was changing the company’s 401(k) match to a year-end lump sum contribution rather than contributions throughout the year. Leave before Dec. 31, 2014 (voluntarily or involuntarily), and you lose out on …

One Thing Boomers Didn’t Get Right (But Still Can)

Posted on 02/10/2014 by | Best of Everything After 50 | Comments

Beauty & Fashion2014 is a pivotal year for boomers: It’s when the last wave of us — that is, those born from 1946 to 1964 — turn 50. To spotlight this cultural sea change, AARP is staging a number of events, including Life@50+ celebrations in Boston (May 8-10) and San Diego (Sept. 4-6). The advocacy group also created this short video to put the accomplishments — and people — of this generation in focus: As a boomer born in 1956, I’m proud …

More Boomers Are Becoming Their Own Bosses

Posted on 02/10/2014 by | AARP Executive Vice President | Comments

WorkDo you have a plan to recession-proof your life? A growing number of workers age 50-plus do, and it involves turning interests, hobbies or skills into a small business. Many older workers are using decades of experience and business connections to become their own bosses. These “encore entrepreneurs” bring to the effort a lifetime of knowledge. And their numbers are on the rise. in fact, from 1996 to 2012, Americans ages 55 to 64 had a higher rate of entrepreneurial …

Older Job Seekers Have Little Patience for Long Search

Posted on 02/6/2014 by | Money and Work | Comments

WorkWhen it comes to the stressful search for a job, older workers apparently have less tolerance for the process. Most either land a job or stop searching altogether within a year or less, according to a study by the Center for Retirement Research at Boston College. Those who have employer-paid pensions, retirement assets and Social Security to rely on were more likely to end the job hunt even sooner, usually within four months, the study found. In fact, just being eligible …

Older Voters Will Determine Who Wins in 2014 and 2016

Posted on 02/3/2014 by | AARP Executive Vice President | Comments

PoliticsVoters age 50-plus decide elections. They turn out to the polls at a much higher rate than voters of any other age group, particularly for non-presidential years. And, at this point, they’re up for grabs. Neither party today has a clear advantage. One reason: Older voters are shifting back to the center, with a mere 1-point advantage separating Republicans from Democrats, according to an Economist/YouGov poll. Another reason: Boomers. Yes, the last of the generation born between 1946 and 1964 …

Divorce, American Style

Posted on 01/29/2014 by | News, Culture, Sights and Sounds | Comments

Bulletin TodayWe barely began the new year before celebrity divorces began making headlines. Last week the 1970s pop duo Captain & Tennille (“Love Will Keep Us Together”) announced the end of their 39-year marriage. That came a week after former New York Gov. Eliot Spitzer and his wife, Silda Wall Spitzer, filed for divorce. No surprise there. Gawking at celebrity divorces is nothing new, though there sure are more of them — especially for the headliners who have been around for …