5 Baby Boomer Retirement Trends

Are you a baby boomer born between 1946 and 1964? You are living in exciting times as the retirement years are being reinvented.

First of all, you can expect to live longer than past generation. A man turning 65 in the year 2030, can plan on living six years longer than their counterparts who turned 65 in 1970. As for women, they can expect their life expectancy to be increased by four years during the same period.

Read more to see what challenges you face as you are living longer.

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Why Retirement Reality Is Finally Sinking In for Baby Boomers

As the baby boomers move closer to retirement, it has become quite clear that with years of poor savings, the cost of health care on the rise, and a slow economic recovery, have played a significant role in their plans for retirement. Therefore many have abandoned their dreams and have become frustrated. Read more