BabyBoomers

Jean Chatzky on Boomers' Incredible Shrinking Inheritances

Americans are now living longer, and the costs of elder care have soared, which means that many baby boomers%u2019 inheritances will be smaller than previous generations'. Today show financial editor Jean Chatzky offers advice on how to be ready.

Point: Prepare for a Scary Income Gap in Retirement

Generations of Americans are facing threadbare finances in retirement: Judging by what people say they expect to spend versus what they expect to take in, the disparity between income and expenses will be severe.

What Boomers, Millennials, Elderly All Have in Common: Money Fears

For the past few years, it has seemed like depressing economic news has been America's only actual growth industry, and all that negativity is still echoing in our heads. Across the age spectrum, we're downbeat about the future, even as the signs are finally looking up.

How to Deal With Working During Your Golden Years

The financial crisis hammered boomers savings, and now more are forced to delay retirement or only semi-retire because they can%u2019t afford to permanently leave the workforce. Jan Cullinane, author of The New Retirement, offers these tips to help you juggle retirement and work.

Busted Boomers and Beyond: Living with Less Social Security

At the rate things are changing and in the direction they're moving, the early baby boomers will be the last people to receive both full pensions and full Social Security benefits. If that's not you, you have some extra preparing to do. Here's why, and how:

The Triple Threat to Baby Boomers' Retirement Plans

After long careers, members of the leading edge of the baby boom generation have gotten to the age where many would like to retire. But more boomers have chosen to put off their retirement plans -- and the latest impediment may surprise you.

Poll: Boomers' Anxiety About Retirement Grows

A majority of baby boomers say they have taken a financial hit in the past three years and most now doubt that they will be financially secure after they retire, according to a new poll. So much for kicking back at the lake house, long afternoons of golf or pretty much anything this generation had dreamed about in retirement.

Medicare's Next Patient: The Federal Budget Deficit

As the federal super committee looks for $1.5 trillion in cuts, it's clear that fixing the federal budget will mean tackling big items -- including Medicare, America's most popular social program and one of its most expensive.

Planning for Retirement
Amid Market Mayhem

Planning for retirement? Don't panic. Here's why you should ignore the market mayhem: You have complete control over the most important component of your retirement plan, your contributions.

Are Your Parents Secret Millionaires?

A majority of parents with more than $3 million in investable assets have yet to fully disclose the depth of their wealth with their children, according to a new survey. Find out why some are keeping the kids in the dark when it comes to their riches.

A black hole in health insurance

At 63, Billie Hoke is two years and a ton of worry away from the health care goal line. She will have to wait until 2011 to join the millions of...