For Baby Boomers
If there's a consistent theme in everything written on the topic of being ready for retirement, it's planning. But many Baby Boomers, those born between 1946 and 1964 and the largest generation in U.S. history, may have been lulled into a sense of complacency by reports that they stand to inherit trillions. It is true that retirees today are the wealthiest ever, but that doesn't mean that baby boomers will be inheriting this money. According to an AARP report from November 2003, only 26.8 percent of baby boomers surveyed in 2001 had received or expected to receive inheritances. Unfortunately, baby boomers who were relying on this inheritance may not be taking advantage of the retirement saving options that are available to them, leaving them extremely unprepared for retirement. (Source: Svensson, Peter. "No Big Bequests For Baby Boomers." Nov. 19, 2003 CBSNews.com)
Below is a list of articles that may help baby boomers plan and prepare for the retirement they had hoped for.