Page 28 - Age Wave News Today

Seniors Adopt Digital and Drive Less Seniors, the Silent Generation and Baby Boomers alike, have adopted new retail habits. Large gains in digital spending have largely been a result of the pandemic, although many who have embraced these changes will likely stick with them post-pandemic. Digital spending has been growing for awhile, but e-commerce penetration by boomers and the Silent Generation have expanded the consumer base. According to eMarketer, 47 percent of internet-using baby boomers i...

When “Black Panther” actor Chadwick Boseman died of colon cancer at age 43 in August, he had no will or estate plan. Now, his wife is dealing with the fallout improper planning can bring for those left behind. And Boseman isn’t alone – many Americans die without a will or estate. According to a 2019 study conducted by Merrill Lynch and Age Wave, only 55% of Americans age 55 and older have a will. And an estimated 23% of those wills made are out of date. Debbie Rothschild, vi...

Does Senate Hearing Foreshadow More Retirement Reform? Commenters at a Senate Finance Committee hearing held Wednesday sure hoped so—and they had a lot of ambitious ideas. The U.S. Senate Finance Committee hosted a lengthy hearing Wednesday on the state of the nation’s retirement planning system, with the specified goal of “investigating challenges to Americans’ retirement security.” Following opening statements from Senators Rob Portman, R-Ohio, and Sherrod Brown, D-Ohio, in which th...

My own education, but theyd give me some money to live on. and i ended up making, you know, upper middle class wages. so it worked. and the more people we have making good money, the better our economy is going to be. >> for a little more context, joining us, director of the domestic national workers alliance, co-director of caring across generations campaign. she has an essay in the shriver report. you write about the way labor force has changed since particularly the welfare reform act was sig...