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Baby Boomers are caught between a rock and a hard place as they continue to watch their nest egg get smaller and smaller. The money they counted on for living the dream retirement has been cut drastically with the floundering US economy.

Here are a couple articles that speak volumes on that very subject:

Retirement Catch-22 for Baby Boomers

Although this is an American report it is probably no less valid in most countries where Baby Boomers have to manage their own retirement nest egg. Baby Boomers are caught in a Retirement Catch-22 between their retirement expectations …

Baby Boomers and the Mental Recession
Gramm added that “misery sells newspapers”, but if demand drives supply lets look at who is demanding misery, which today’s article “Baby Boomers Got the Blues - Viewing Life Through Morose-Colored Glasses” makes quite clear. …
The second articles suggests that baby boomers have never been happy and I must disagree here. It is not that we are not happy, it is just that life has really thrown us a lot of different curve balls and it was assumed by all that we would hit them out of the park. Well it is just not that easy.

So to make a long story short…maybe just maybe… not having much in the 401K account or any retirement account is enough to make anyone whine! After all no one wants to hire us…we are too old! So in the end Baby Boomers are caught between a rock…and working at Wal Mart to make ends meet.

“Building Healthy, Wealthy and Wise Families Worldwide”

Boomers Magic

For information on making money and saving on resort travel at the same time:
Goin On A Vacation

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