Carole Fleck |Money and Work | Comments
Bulletin Today | WorkOlder boomers, many at retirement’s doorstep, lost more than quarter of their net worth during the recession. Yet they may be the last demographic to retire with enough savings to live comfortably, according to a new study. Younger boomers (in their late 40s and 50s), and Gen-Xers (in their late 30s and early 40s) are on track to retire with skimpier savings. Consequently, they’re likely to face a pared-down lifestyle in retirement. Put another way, they’ll be the first two …
Becky Gillan |AARP Blog Author | Comments
Your LifeWith Mother’s Day around the corner, let me add my praise for mothers. I applaud the efforts every mother makes to try to ensure their children live a well-balanced life. I also applaud aunts and grandmothers too, as more and more it takes a village to raise Millennials! Mother’s Day is a huge day for retailers who sell flowers and chocolates. In my own qualitative assessment, these sellers are in for another banner holiday. At a big warehouse store this …
Drew Elliot |Volunteering | Comments
VolunteeringBad drivers. Never listen. Take forever in the bathroom. Always look for a handout. Constantly complain. Based upon the list above, which age bracket do they best describe? This list of stereotypes was used to break the ice with a group of eight seniors (age seventy or older) and eight high school students (age eighteen or younger), where they were asked to raise their hands if they thought the statement referred to the other generation. After every item was read, …
Elizabeth Nolan Brown |Brooklyn, NY | Comments
Bulletin Today | Home & FamilyIn a new survey of 18 to 29-year-olds, almost 60 percent said “adulthood will be more enjoyable than my life is now.” Awesome, right? Seems encouraging that the young folks of today don’t expect happiness to decrease with age. But after reading that statistic a few more times, the weird part jumped out at me. Did you notice it?