Baby boomers, aged 61-79 years old, are holding nearly twice the savings of millennials, aged 28-43. The survey of 1,000 U.S. adults asked people about the savings they hold across all of their ...

Boomers are holding on to their money for as long as they can, rather than handing them down as inheritance to their children, according to a new report. In recent years, around 12,000 boomers ...

Key Points There is no question that baby boomers had it easier to buy a home or live on a single income. Today’s generations will likely never be able to afford a home like baby boomers could ...

A new group of baby boomers is retiring and with it comes some unexpected financial challenges. According to Stewart Willis, president of Asset Preservation Wealth & Tax, Social Security is a big ...

The baby boomer generation is not getting any younger, and despite being senior citizens, they might not be getting all the discounts they had hoped for at this age. In fact, over the course of ...

While Baby Boomers have largely reached retirement age and are still the richest generation, a key financial trait separates poor retirees from those living out their twilight years comfortably.

That mindset can be hard to discard,” she says. “Some Boomers may have had unstable childhoods, we had a surge in the [mid-1970s] of divorces when the no-fault divorce laws came into effect ...

Let’s dig a little deeper into some costly mistakes boomers should avoid. The average new car payment in the United States is a whopping $735. If you are a two-car household, you may pay over $ ...

A new group of baby boomers is retiring and with it comes some unexpected financial challenges. According to Stewart Willis, president of Asset Preservation Wealth & Tax, Social Security is a big ...

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images You're about to begin that much-needed, new job and your employer hands you an IRS Form W-4 to fill out and ...