Are pre-boomers ready for less government spending?

Half of likely voters oppose the president’s budget proposal, according to a recent Rasmussen poll.  However, the budget passed by the House (the Ryan plan) is considered unacceptable by some, particularly younger voters.  With nearly 50% of Americans receiving entitlement dollars, it will be difficult to balance the budget or come close to it without [...]

Pre-boomers can help solve America’s financial woes

Most people 65+ remember WWII or heard firsthand about what happened on the home front  during those frightful years.  While our troops are currently engaged in wars and unrest away from home, there is a battle going on right here in the United States.  The battle to get the national debt under control affects not [...]

What happens when people reach retirement age?

Over the past few weeks, I talked with several acquaintances that were retired or qualified for it.  I asked each one how they enjoyed their new status and what they do with their time.  The answers are surprising as well as disappointing.

 
Two of the four men had done well in the business world and had [...]

Pre-boomers will be hurt most by inflation

Why?  Because food prices climbed 3.9% in a single month, due in part to vegetable costs jumping by 50% along with higher distribution costs resulting from soaring gasoline prices.   Petroleum price hikes are also responsible for higher prices for many products purchased by those 65+ as well as anyone on fixed incomes.

 
The wholesale price of [...]

The next step in health care reform

A vote to repeal in the House passes with some Democrat support.  A federal judge declares the legislation unconstitutional.  A vote to repeal the bill in the Senate goes along party lines and fails.  What does this mean to the average American?

 
Clearly this political football will takes many strange bounces before the 2012 elections.  And [...]

PreBoomer Musings - Blogged