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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.
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Today's
Articles
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.
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

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 Business
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.
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Our New
Guide - "How 50-Plus Baby Boomers Can Still Retire"
A Practical Guide
for Older Boomers Hit Hard by the Great Recession
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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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50th Birthday Party Decorations


BoomerMatchUp.com
An online dating service
for Baby Boomers

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