April 6, 2014 |
My dislike for surveys is matched only by my distaste for pigeonholing segments of the population based on the results of those surveys. The latter can have unforeseen consequences, as I discovered more than a decade ago, when I began writing about baby boomers and over-55 housing preferences. During a long weekend of seminars in Scottsdale, Ariz., I listened to speaker after speaker pigeonhole baby boomers as wealthy, healthy, and wise, all eager to spend their money on amenity-rich over-55 housing the next day. I am, of course, a baby boomer.
March 19, 2014
IT'S NO SECRET that many members of the so-called millennial generation are struggling financially. They may be the first cohort to end up worse off than their parents. The sheer number of millennials - about 80 million - makes them a significant force in the U.S. economy. But many of them have trouble accurately answering basic personal-finance questions, spend more than they make and are worried about their debt, according to a new survey by the Investor Education Foundation of the Financial Industry Regulatory Authority.
January 28, 2014 |
Take heart, all you baby boomers who have let the years pass without a commitment to toning your abs and thighs or challenging your cardiovascular system. In a Montgomery County office park, a small band of product developers at Smooth Fitness L.L.C. has your back. Your glutes, too, and anything else on your aging frame that might need some help. "It's not because I'm 54," said Rich Hebert, the 6-foot-3, 195-pound CEO of the King of Prussia exercise-equipment company that trades as Smooth Fitness & Health.
December 13, 2013 |
Two retired Philadelphia professors - Barbara Fleisher and Thelma Reese - are riding the growing wave of women over 60, one of the fastest-growing demographics in America. Not only are 10,000 baby boomers retiring every day, but many female boomers outlive their husbands, as do women in general. "If you are part of this growing group of women over 60, what can we do about using this time well? There aren't any role models. My mother lived to be just short of 97, but she never wore slacks.
September 26, 2013 |
HALL OF FAME linebacker Lawrence Taylor hasn't played since 1993. But he's still going after quarterbacks. Taylor is the subject of a Showtime documentary titled "LT: The Life & Times," which premiered Friday. In the film, former QB Boomer Esiason was critical of Taylor, saying the 10-time Pro Bowler, who spent his entire 13-year career with the Giants, was given preferential treatment by the team and then-coach Bill Parcells. It's nothing Esiason hasn't said before, but LT took exception to Boomer being included in the documentary.
June 23, 2013 |
Martin Bayne doesn't so much sit in his wheelchair as he sprawls in it. He looks like he might slip out at any moment. He is obese - a consequence of so many diseases, medications, and limitations. His world is so small now, a room and occasionally the hallways of a personal-care home near Allentown. It is from this isolated existence that Bayne, 63, has reached out to an enormous audience in the last year. He has had an essay published in Health Affairs, a leading health-care journal, and has been interviewed by the New York Times and by Terry Gross on her NPR radio show, Fresh Air. Bayne sees himself as a "clarion" for aging baby boomers.
May 21, 2013 |
NEW YORK - Baby boomers preparing for retirement are driving a surge in small-business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions. In the first three months of this year, the number of sales that closed jumped 56 percent from the same time in 2012, according to BizBuySell.com, an online marketplace for small businesses. Retirement was the No. 1 contributor to business sales in the fourth quarter of 2012 and the first quarter of 2013, according to a survey by Pepperdine University and two trade groups, the International Business Brokers Association and M&A Source.
May 1, 2013 |
If nuns can fly, can a rabbi be a talk-show host? WWDB-AM (860) radio is betting that Richard Address, senior clergy at Cherry Hill's M'Kor Shalom, has the chops to attract a coveted audience: baby boomers. And not just the Jewish ones. (Address goes by Richard on the program.) Boomer Generation Radio , which debuted in February, aims to address the unique concerns of the 76 million Americans born between 1946 and 1964. The first wave is already careening through their mid-60s, joining Medicare, maybe applying for Social Security - all the while caring for their children, possibly looking after grandchildren, and, more often than not, taking care of an elderly parent.
April 9, 2013 |
NEW YORK - She was the first crush for a generation of boys, the perfect playmate for a generation of girls. Annette Funicello, who became a child star as a Mouseketeer on "The Mickey Mouse Club" in the 1950s, ruled among baby boomers, who tuned in every weekday afternoon to watch her on their black-and-white television sets. Then they shed their mouse ears, as Annette did when she teamed up with Frankie Avalon during the '60s in a string of frothy, fun-in-the-sun movies with titles like "Beach Blanket Bingo.
March 28, 2013 |
PERHAPS THE next big thing that the U.S. Supreme Court should undertake, after marriage equality, is the issue that plagues boomers like myself whose generational identity is eternally affiliated with youth and revolution: How old is too old? In this new world, what is the end parameter of our shelf life? The recent retirement of the pope and New Jersey Sen. Frank Lautenberg in quick succession had bad news and good news for boomers like myself and other youthful seniors who are grappling with notions of old age. Pope Benedict XVI's radical decision to step down at age 85 suggests that we all have an expiration date, and despite current evidence to the contrary - We still go to work!