Financial advisors go on and on about the “retirement crisis” facing millions of Baby Boomers. They quote the statistics from study after report after study that all reflect the poor saving habits of an entire generation. They then tell us that too many Baby Boomers are expecting Social Security to fund their entire retirement when …
Cynthia: Well, this certainly wasn’t a typical afternoon. Edd: That’s for sure. We’ve just finished lunch and the power goes off. We’re thinking, “Well, they’ve been digging up the street for over a week and the water was off for awhile a few days ago. Probably something to do with that.” C: But just to …
More and more Baby Boomers are approaching retirement and according to reports many of them are heading for a grim future. According to Northwestern Mutual’s 2018 Planning & Progress Study, their median retirement account balance is less than $20,000 and a frightening 21% have no savings at all. A recent Gallup poll shows that 36% …