Weekly Digest: What’s New with the Baby Boomer Generation?

How do baby boomers face and experience retirement? With approximately 74.9 million individuals in this generation, the long term care and retirement industries need to find appealing and innovative ways to provide optimum services for this large number of people. Let’s discover the latest with boomers and retirement on this week’s roundup! If you’re a boomer yourself, make sure to get the coverage you deserve by requesting for free LTC insurance quotes here.

Baby Boomers Could Take Millennials’ Lead on Investing

Baby boomers, surprisingly, have been reported as tech-savvy individuals. Which is why, as Arielle O’Shea wrote on Nerdwallet, robo-advisors may be a good way for boomers to get some tips on how to stretch their cash. Of course, not all retirees would want to work with an AI – still, it’s a step that may mean more smart and strategic to ways to invest money.

Plastic surgery makes baby boomers look as young as they feel

Everyone deserves to feel their best – even during the retirement years. Paul Harasim’s entry on the Las Vegas Review Journal discusses the many benefits boomers can get from plastic surgery. Breaking the negative stigma of this type of surgery, retirees can feel and be their best selves by going under the knife.

The Future of American Cities May Be in Our Backyards

In a post for Fast Co Design, Kelsey Campbell-Dollaghan wrote about the increasing installations of alternative housing types in the country. This particular type of home, called Accessory Dwelling Unit (ADUs), can help baby boomers live close to family and loved ones. Think about the potential savings (for time and money) this can bring to retirees!

Baby boomers reach required minimum distribution milestone for retirement accounts

Mary Beth Franklin’s post on Investment News discusses the importance for retirees to check their savings plans. Franklin brings to light key concepts for RMDs and 401(k)s. To secure your future, make sure to refer to her in-depth article.

Let cities better help their retirees

Boomers can take advantage of state plans to help prevent retirement poverty woes. According to Andrew Friedman in his The Hill entry, Connecticut now has a state-sponsored retirement plan for its residents (for those who do not have a plan through their place of employment). Hopefully, the move can inspire other states and cities to do something similar for their residents.