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Spending Among Wealthy Retirees Is Low and This Is Why

Spending Among Wealthy Retirees Is Low and This Is Why

Even though we have experienced a cycle of more than 10 years of economic growth, many wealthy retirees are reluctant to spend money for fear of running out of cash. Bloomberg.com is reporting many retirees, and near-retirees are sitting on…

Some Very Unsettling Data Regarding Baby Boomer Retirement Care Preparedness

Some Very Unsettling Data Regarding Baby Boomer Retirement Care Preparedness

There has recently been some very unsettling data released regarding middle-income baby boomer retirement care preparedness. A study conducted by The Blackstone Group, an independent research firm, on behalf of Bankers Life Center for a Secure Retirement, forecast that 79% of middle-income baby boomers have NO savings put aside to cover their retirement care.

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