What will your home be worth in 5 years?

If you’re like most Americans, the value of you home has already dropped significantly.  And, home prices have continued to decline so far this year.  There’s no real recovery in sight as attested by a recent poll showing just 15% of homeowners believing their house will be worth more next year.  A look inside the [...]

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 [...]

Some things to share with boomers turning 65 (part 1)

Beginning January 2011, the baby boomers start turning 65 at the rate of one every ten seconds.  They will continue to join the ranks of New Seniors through 2030.  That’s 4 million additional New Seniors a year for the next 19 years.  But, as the 30 million pre-boomers know, this event does not always mean [...]

Not all those over 65 are ready to retire

Most of those over 65 are retired.  Although some wish they were still bringing in a paycheck.  Others chose to work part-time or are looking to do so.  The younger New Seniors and the baby boomers turning 65 starting next year are not prepared to make the big jump into the retirement pool, at least [...]

What we can learn from the problems facing France

Can you believe what’s going on in France?  Students are rioting in the streets to protest the proposed increase of the retirement age from 60 to 62. Yet these students will have difficulty finding a job after finishing school.  This seems strange by American standards.  But if our country keeps moving in the direction it [...]

PreBoomer Musings - Blogged