Baby boomers are nowhere close to reaching their retirement goals

Michael Steele/Getty Images Baby boomers are falling short of their retirement savings goals, and it could be due to their conservative approach to investing. According to a Legg Mason Investment Survey, US baby boomers — defined as ages 53 to 71 by Legg Mason —have on average $ 263,000 saved in defined contribution plans. But […]

Baby Boomers are starting to retire, and that could have a surprising impact on stocks

Flickr/Craig Wood Last year, the first baby boomers turned 70 and that spells trouble for investors. Speaking at the Mauldin Economics Strategic Investment Conference, Grant Williams, Co-Founder of RealVision TV, warned investors about the wave of forced selling by millions of retirees and the impact it will have on their portfolios. Equities make up 70% of […]

Baby boomers are making it harder for millennials to buy homes

Shutterstock If you’ve been in the market for your dream home, you may have found that it’s particularly difficult to find one right now.  Housing inventory has rached historic lows across the country, and competition is heating up.  According to an analysis conducted by real-estate site Zillow in April, there are 3% fewer homes on the market than […]

BINGE DRINKING WARNING: Baby boomers at risk of developing DEADLY conditions

Men and women aged between 45 and 64 were more likely to consume excessive amounts of alcohol, according to a new study. And people aged 55 to 64 were particularly likely to be drinking “at higher or increasing risk levels”, the Office for National Statistics said. A quarter of men aged 65 and over and […]

Baby boomers! BBC has commissioned three more series for Call The Midwife

BBC Call The Midwife has just been named best TV drama of the 21st century Call The Midwife has just been named best TV drama of the 21st century by the British Film Institute in association with the Radio Times.  It is a remarkable accolade for a series that attracts 10 million viewers and was […]

26-year-old ‘echo boomers’ are taking over the economy

Matt Cowan/Getty On June 25, 2015, the US Census Bureau made it official: Millennials surpassed Baby Boomers as the largest generation in the country. New research narrows the finding even further. According to data analysis from Torsten Sløk, an economist at Deutsche Bank Securities, there are more 26-year-olds in America than any other age group — […]

Are Baby Boomers afraid of autonomous cars because of 'Christine?'

Is it possible that cultural influences have created a resistance to autonomous vehicles among older drivers that borders on fear? I think a case can be made for this, and it is one that automakers are going to have a tough time overcoming. But, the good news, to be somewhat macabre, is that those who […]