A new study found that the children of baby boomers are in for a financial shock: while a quarter will rely on an inheritance from their parents, two-thirds of baby boomers plan on spending their savings.
Don’t let this retirement regret ruin your future
Survey after survey finds workers who are nearing the end of their working lives aren't actually able to stop working
Sourced through Scoop.it from: www.cbsnews.com
12 Money Moves to Make the Moment You Decide to Retire
Make these money moves as soon as you decide to retire.
Sourced through Scoop.it from: www.wisebread.com
Six Items on My Financial To-Do List as I Turn 50
His 50th birthday makes WSJ Investing Expert George Papadopoulos mindful of inter-generational financial goals.
Sourced through Scoop.it from: blogs.wsj.com
Great Article. I would add that it’s always important to evaluate your parents life insurance needs at this stage. Is there still a need for their life insurance policy?
Over-50s risk turning to booze to cope with retirement and loneliness
A Drink Wise, Age Well report also found that over-50s were turning to alcohol due to feeling like a failure, depressed and downhearted.