As the baby boomers begin to ease into their 60s, most expect to delay retirement longer than their parents or grandparents. That’s good, because many can’t afford to stop working anytime soon. Two new reports portray aging boomers as better educated, with higher incomes and longer life expectancies than the generations that preceded them. They also have fewer children and are less likely to be married, leaving them with fewer options if they need help in their old age. More...

Americans over the age of 55 are filing for bankruptcy at a faster rate than the general population as growing mortgage debt and higher health care costs make them more vulnerable, a new study shows. More...

As companies pare away pension plans and the future of Social Security seems increasingly precarious, more and more baby boomers are choosing to work beyond the age of traditional retirement.  Nearly six in 10 baby boomers who intend to work after retirement say they want a job that gives them a greater sense of purpose, according to a 2005 MetLife Foundation/Civic Ventures New Face of Work Survey. More...

The largest segment of Americans living in poverty is elderly women. The gender gap in retirement income security is appallingly high, for several reasons. First, women earn about a third less than men make during their working lives; that means they generate smaller contributions to Social Security, pensions and 401(k) accounts. More...

The majority of information you'll find on how to retire in Panama will stress things like warm climate, excellent healthcare, and residency perks as reasons you should bring your hiking boots and gardening equipment south for the last quarter of your life. But let's face it: the concept of retirement to baby boomers will be a 180 from the that of their parents. More...