Friday, April 30, 2010

The Boomer Blog

The Boomer Blog


FH Boom Daily Digest – April 29, 2010

Posted: 29 Apr 2010 05:33 AM PDT

Top News From Today's "Boomiverse"

How the sandwich generation can ease the money squeeze
Robert Powell
MarketWatch
April 29, 2010

Overview: "I spend my nights worrying about my nearly 80-year-old father and stepmother. My wife and I spend our days worrying about funding college bills for four children (expected cost $1 million at Harvard with no scholarships, loans, grants and the like). And in between those worries, I think about saving $3 million (give or take a million) for retirement."
http://tinyurl.com/2fboxnl

Baby Boomers May Work Longer to Retire, Harris Says: Tom Keene
Mary Childs and Tom Keene
Bloomberg
April 28, 2010

Overview: "Baby boomers may work longer than they expected after personal wealth was decimated during the financial crisis, according to Ethan Harris, a Bank of America Corp. economist."
http://tinyurl.com/22rpkos

Adapt or die, Microsoft warns business
Brian Groom
Financial Times
April 29, 2010

Overview: "Businesses must make radical changes to their structure and operations in response to social change or lose out to more nimble competitors in the coming decades, a report by Microsoft warned on Thursday."
http://tinyurl.com/2395vmo

Death and taxes, with interest
Lisa Kocian
Boston Globe
April 29, 2010

Overview: "A little-known program helps seniors stay in their homes, but the final cost can vary widely."
http://tinyurl.com/287oueb

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