The Boomer Blog |
| FH Boom Daily Digest – August 16, 2010 Posted: 16 Aug 2010 05:03 AM PDT Top News From Today's "Boomiverse" 2011 Buick Regal CXL: Surprise from a sleepy brand Overview: "Now it is up to GM's new marketing genius, Joel Ewanick, to convince baby boomers who have been avoiding domestic brands for most of their driving lives that it is more than okay -- maybe even smart -- to be seen in a Buick." Age Wave Points to Lower Economic Growth Overview: "You'd had to have spent years in a cave not to know that the leading edge of 78 million Baby Boomers will begin turning 65 next year. There will be a lot more older people, and the worlds of senior healthcare, housing, lifestyle, and community supports will be under growing social and financial pressure to change a great deal. What is not so well understood is that these same demographic shifts could have a big drag on the values of homes, investments, and other financial assets." Baby boomers in shaky retirement position Overview: "As baby boomers hoping to retire at age 65, sharing their resources with loved ones could easily have derailed the Maupins' retirement dreams, especially when 55-year-old Ronald Maupin lost his job this year. But, in their case, it didn't. The son moved out and the mother-in-law is "financially pretty much set" with plenty of health insurance, said Julia Maupin, 52." |
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