|
| |
retirement: Where has all the money gone?! Or a Boomer's take on retirement. - 11/08/07 12:21 PM
A study by Ameriprise Financial, Money Across Generations
(http://www.ameriprise.com/amp/global/docs/pr-money-generations-research.pdf),
shows that many Boomers are caught between financially helping elderly parents and adult children. Thus, the term "the sandwich generation." Sometimes they open their wallets too easily and don't realize that such generosity affects their ability to fund their own retirement. Only 9% of Boomers believe assisting their parents has hurt their retirement savings, but 29% believe assisting their adult children has slowed their savings progress.
To assist adult children, four in ten boomers draw from "regular savings," one in six even takes out loans, and six percent pull money from retirement … (1 comments)
|
|
|
|
|
|
Cathy Youngling
Mill Valley,
CA
More about me…
Alain Pinel
Address: Alain Pinel, 101 Nellen Ave., Corte Madera, CA, 94925
Office Phone: (415) 496-2918
Cell Phone: (415) 272-5899
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)