Top News From Today's "Boomiverse"
Consumer Reports Insights
Navigating the Medicare maze
Washington Post.com
November 1, 2010
Overview - "The first wave of baby boomers begins turning 65 in January. Many might prefer to ignore that milestone, especially since Social Security has raised the full retirement age to 66 for that cohort. But Medicare eligibility begins at 65, and it's wise to get onboard immediately, even if you're still working."
http://tinyurl.com/2csy7ro
Older workers drive social networking in the office
Computerworld
Sharon Gaudin
October 21, 2010
Overview - "The youngest workers in the office aren't the driving force behind social networking in the enterprise. It's Generation X -- people between the ages of 29 and 49 -- who are taking to these new tools, according to a Forrester Research study. And it's not just Gen-X'ers showing up the Generation Y'ers, who range in age from 15 to 28, in the office. The report, which was sponsored by Citrix Systems, noted that after Gen X workers, baby boomers over 55 were the most likely to use social tools in the workplace."
http://tinyurl.com/26tu4f3
For Younger Boomers, Financial Crisis Served as Wake-Up Call
Kiplinger News
October 21, 2010
Overview - "Younger baby boomers - those in their 40s - are more likely to be concerned for their financial future than older boomers, insurer and annuity provider Allianz says. The company, which polled 3,257 boomers in May, found that a majority of younger boomers - those between 44 and 49 - feel "completely unprepared" for retirement. In addition, younger baby boomers are more likely than older ones to want to seek out retirement security and reduce their vulnerability to market swings."
http://tinyurl.com/2g2cc5k
Retirees Finance New Careers With 401(k)s
Newsweek TheStreet
November 1, 2010
Overview - "Retirees, especially Baby Boomers used to the fast-paced life of their professions, are turning entrepreneurial and tapping into their 401(k)s and IRAs to start new businesses, often doing so without penalties and taxes. In the past, antsy retirees unaccustomed to endless daytime TV, golf and buffet lunches eventually rejoined the workforce. Today, a lurching economy has meant fewer jobs to choose from as well as increased competition that favors youth over experience."
http://tinyurl.com/2c2ofew
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