This Week in Boomer History: Sally Ride … Monterey Pop … Civil Rights

Notable events from our shared experience Astronaut Sally K. Ride becomes the first American woman in space on June 18, 1983. Passionately devoted to teaching science, technology, engineering and math to girls, she starts Sally Ride Science in 2001. Singer-actress Judy Garland dies at age 47 on June 22, 1969. Fred Astaire once called the star of The Wizard of Oz “the greatest entertainer who ever lived.” >> Sign up for the AARP Advocacy Newsletter President Richard Nixon signs a …

Stock Gains Push 401(k)s to Record Highs

Last year’s gangbuster stock market pushed 401(k) savings account balances to record highs, according to two major retirement account providers. Fidelity Investments says the average account balance at the end of last year reached $89,300, a 15.5 percent increase over the year before. For workers age 55 and older, balances averaged $165,200. Many workers roll over their 401(k) into an individual retirement account when they leave a job.  Adding up the balances of those who have both a 401(k) and …