Baby Boomer Lifeboat   

    Tips for Comfortably Retiring on a Limited Income

Baby Boomers can still retire even on a limited income by taking steps to stretch their dollars! 

Tips and advice for making your retirement dollars go further!

 

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We're 50-Plus Baby Boomers!  Now we're approaching retirement, but the  economic crisis has decimated our jobs, home equity and savings.

Can 50+ Boomers still retire, even on a fixed, reduced or limited income? Do we still have alternatives? YES!  Find out how.

 

50+ Baby Boomer Retirement Advice, Tips, Guides & Resources.


 
Today's Articles

How Much will It Cost You to Live in the Overseas Shangri-la that's Calling your Name?

The bulk of any budget is given over to housing--rent or a mortgage, if you have one--so start here. Are you going to rent or to buy?


I strongly recommend that you rent at least at first, for 6 to 12 months, to give yourself a chance to try the place on for size before committing. However, if you do eventually decide to invest in a home of your own, recognize that property ownership comes with carrying costs. As a home-owner, you'll have maintenance and repair costs, insurance, in some places property taxes, maybe grounds-keeping, etc. As a renter, you have none of these liabilities, which is why renting long term can make a lot of sense for the retiree abroad.


Older Baby Boomers Must Overcome Setbacks From the Great Recession to Retire
 

It is estimated that more than half of Baby Boomers fifty or older were seriously impacted by the Great Recession. Most saw their retirement savings, much of it in 401Ks, take a nose dive. Home equities often vanished and many found themselves suddenly upside down on their mortgages. According to the Center for Economic and Policy Research, “The collapse of the housing bubble has decimated the holdings of the vast majority of near retirees, who will have little or no housing wealth this year and will be almost totally reliant on Social Security and Medicare to support them after retirement.” And there is insufficient time for older Boomers to recover lost wealth prior to reaching retirement age.


 
Our Blog - - The Baby Boomer Muse

 

Al Kernek, CEO, Pacifica Endeavors LLC

Boomers - Four Easy Ways to Save Money in 2012

 

If you are like a lot of 50+ Baby Boomers this new year, you are looking for ways to save money. Every dollar saved is another dollar you have in your pocket. Well, there are four easy changes you can make that will result in hefty savings this year.


 
Latest 50+ Baby Boomer Articles

 

A lot of useful information for 50+ Baby Boomers is published daily. To read relevant Baby Boomer articles from magazines and other websites, go to our Baby Boomer Facebook page.

 

 


 
Start an Internet-Based Home BusinessBaby Boomers can start home-based businesses

 

Discover how to start an online business to supplement your retirement income. See what other retirees have done! See our recommended solution for easily creating and marketing a home-based business "Techie" skills are not required.

 


 

Barnes & Noble

Our New Guide - "How 50-Plus Baby Boomers Can Still Retire"
A Practical Guide for Older Boomers Hit Hard by the Great Recession

50-plus Baby Boomers who have suffered financial losses from the Great Recession can still take control of their lives and comfortably retire by simply learning the secrets of stretching their remaining retirement dollars.

 

We'll show you how, along with providing real world advice and pointing you to free resources that will assist you in achieving this goal. Our guide will help you to prepare a practical retirement plan regardless of your financial situation.

 

Older Boomers hit hard by the Great Recession still have have retirement options.


 

 

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