What do Baby Boomers want in retirement?

Every day, about 8,000 baby-boomers celebrate their 65th birthday. That's the traditional age for retirement, but the generation that lived through Woodstock, Watergate and 12% mortgage rates has a history of breaking the rules. read more

Baby Boomers Don't Want Your Retirement Communities A recent real estate survey finds retiring Baby Boomers making 'lifestyle plans' that involve beach houses, country estates and condos in the city. Tapioca and shuffleboard didn't make the cut. read more

6. Boomers want to remain on their own. According to the Merrill Lynch survey, only about 10 percent of baby boomers say they want to move to any kind of retirement or age-restricted community. read more

Many baby boomers want to have a comfortable retirement which translates to having enough money to maintain themselves - and by extension their children - at retirement. It may shock some readers to observe that I have added children’s maintenance in my response here. read more