BOSTON, July 30- Fidelity Investments, the No. 1 administrator of U.S. retirement plans, on Thursday warned that Baby Boomers may be too heavily invested in stocks, as the average 401 balance has surged 50 percent over the past five years. "One thing we learned from the last recession is that having too much stock, based on your target retirement age, in your retirement...» Read More
CHICAGO, Feb 19- Nancy Kessler spent much of her career as a museum curator, but she also has had a lifelong love of working with older people. During one stint working with Alzheimer's patients, she noticed a gap in one type of caregiving: "There is a lot of wellness and physical therapy but not much intellectual stimulation." Kessler, who lives in Mount Kisco, New York,...
NEW YORK, Feb 5- Anielle Troyan, a call center worker in New York, shops at discount retailers such as Family Dollar for items like soap and detergent as well as groceries like Kraft macaroni and cheese and small-sized condiments. Customers like Troyan are one reason why Kraft Foods Group Inc reversed course after considering stopping the sale of single-serve...
Home ownership rates in will likely fall to levels last seen in the 1980s as millennials wait longer to form households, DoubleLine's Gundlach said.
Scammers posing as distressed grandkids are scamming grandparents into sending them money wires and credit cards. FT reports.
Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.
AARP has entered the crowded online travel field, hoping to cater to retirees.
Millions of boomers will turn 65 from now through 2030. With increased demand for 55-plus communities, there's now a new surge in the housing market.
P.J. O'Rourke, political reporter and "The Baby Boom" author, explains why he does not think the baby boom generation is not responsible for any of the problems in the world right now.
Newly leaked documents reveal China is about to relax its 1-child policy. Gordon Chang, author and Forbes.com columnist, and Ann Lee, New York University adjunct professor of economics and finance, discuss if a Chinese baby boom is in the making and what that means to their economy.
The weak economy has caused more young adults to move back in with their parents, and some of those kids are bringing their own children with them.
If your golden years seem threatened because of financial setbacks, don't panic. Here are 10 tips from retirement experts on your next steps.
Jerry Webman, Chief Economist & Senior Investment Officer at Oppenheimer Funds, says a demographic wave is hitting the U.S. economy, which will help the household sector.
A new report finds that seniors who are African-American, Hispanic, female or 80 and older are more likely to face economic woes than other older Americans.
Helping baby boomers navigate the future is becoming a big business, but now, there's a freebie: LifeReimagined.org from AARP.
The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.
A survey by TD Ameritrade is the latest in a raft of bad news about the prospects of the generation about to retire.
CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.
For many boomers, the drug never held the stigma it did for previous generations, and they tried it decades ago. Some have used it ever since, while others are revisiting the habit in retirement, either for recreation or as a way to cope with the aches and pains of aging.
Nursing homes are not a baby-boomer play. They are pure real estate. Here’s why you should avoid these stocks.
The job market may be getting tough, but these companies are hiring more entry-level workers than a year ago.