Are Baby Boomers Destroying the Economy?
It’s becoming a mantra: “Baby Boomers Destroyed the Economy.” Millennials and Gen Xers are the worst off. No one can dream of saving for retirement, while the Boomers are sitting pretty with their Social Security, Medicare, and nest eggs from their cushy salaried jobs. Marco Rubio brought it up when he campaigned in Florida: “Everyone […]
Mind The Gap, Then Fund The Gap
Most retirement plans created for Baby Boomers predicted that the last decade of work before retiring would be a nice gentle ride. Lofty incomes and kids leaving the nest after college would allow you to accumulate a comfortable cushion for the leisure years. But this isn’t happening. After the Great Financial Crisis, incomes for […]