The Baby Boomers Retirement Blog

The other day I had a discussion about my Pension Report (download it if you don’t have it yet) with two young men of my son’s age: early thirties. They were trying to convince me that the report together with upcoming Pension Manual might be useless, since the Baby Boomers — you, the Boomers, as they put it — are the biggest spenders of all times and the highest earners as well. While all that is true, I know for sure that the other half of the equation is also true. Namely, that we, the Baby Boomers are not prepared for our retirement. Read this random quotations from very respectable studies and reports, and you be the judge: The comprehensive study of nearly

Lately quite often during discussions with my clients about the retirement perspectives of the Baby Boomers I hear a question like this: Is the looming pension crisis of the Baby Boomers related to the recent financial meltdown? My answer is always no, and here is why. The visible signs of the financial crisis we are going through started to show up just at the end of last summer and then during the fall of 2008. (The root causes have been present much earlier, but now we will skip the analysis of the credit crunch…) On the other hand, the signs — the writing on the wall, if you wish — telling about the pension gap threatening the Baby Boomers were obvious for quite a