Social Security is telling its staff that customer service is about to get a lot worse
Some beneficiaries will now have to confirm their identities in-person to claim Social Security. SSA staff say it's bad news for low-income Americans.
Baby Boomers
Boomers are in big trouble if the stock market keeps sliding
Baby boomers are heavily exposed to stocks, so a prolonged downturn could force them to delay retirement or cut back on spending just to stay afloat.
There's a $1 trillion opportunity brewing in the stock market — and it's got nothing to do with AI
Americans over the age of 75 are expected to grow their spending by more than $2 trillion in the next 10 years, according to Mizuho.
Triple the home, half the price: A boomer cashed out of California for a better deal in Oregon
Jeremy Smith and his wife thought they wanted to downsize in retirement. But when the Californians saw home prices in Oregon, they changed their mind.
3 things to do now if recession jitters have you questioning your retirement plans
Recession fears have some worried, but financial advisors and economists said older Americans shouldn't make major changes to retirement accounts.
Meet the baby-boomer homeowners defying their generation's struggle to downsize without losing money
Some baby boomers have made tidy profits selling their large homes and downsizing in retirement.
America's aging population faces a growing shortage of geriatric care
For a variety of reasons, geriatric care experts told BI it's been hard attracting new doctors to the field. It's a problem for an aging US population.
Forget the baby boomers. Call them the baby boozers.
Baby boomers are upping their spending on bars and alcohol as Gen Z and millennials lay off the booze.
Millennials are finally buying homes. It may not pay off for them in the long run.
Young Americans finally own homes after years of setbacks. But slowing population growth could put a big dent in their nest eggs.
How cheaper mortgages gave us the baby boomers — and what it means for today's baby bust
Making mortgages easy and affordable helped lead to the baby boom. It could be a lesson for today.
When 'unretiring' isn't worth it: Some low-income retirees say higher paychecks would cut their benefits
Low-income retirees say that returning to work would mean a higher paycheck, but lower food, health, and housing benefits.
Move over, boomers: America has a new generation of burnouts
Gen Z is just getting started -- and they're already fed up with work
A baby boomer couple whose home is worth millions doesn't need to sell. They can retire in the backyard.
One baby boomer couple bought their California home for $63,000 nearly 50 years ago. It's now worth millions.
Gen Xers and millennials aren't ready for the long-term care crisis their boomer parents are facing
Rising long-term healthcare costs mean many baby boomers are unequipped to support themselves in retirement.
Millennials are turning into their boomer parents
Millennials said they'd never be like their baby boomer parents. But from their wealth to their suburban homes, they're not that different.
Baby boomer homeowners fear losing their properties as they spend down their savings
Some baby boomer homeowners are struggling to hang onto their homes as housing costs soar.
The tax that's stopping older homeowners from selling their valuable properties
Some homeowners who've seen their home values soar are concerned a federal capital-gains tax on home sales will eat into their retirement.
Older Americans are falling through the cracks of the programs designed to save them
Social Security and Medicare help support older Americans. Many told BI that the checks weren't enough and that they wished they'd saved more.
Invest in your social life like it's a 401(k): Older Americans share how loneliness and money are connected in retirement
It's not just about a retirement account. Planning for how your social life might look can be just as important.
These baby-boomer homeowners have seen their home values soar. Now they can't afford housing to retire in.
Despite seeing their home values balloon, many baby boomer homeowners can't afford suitable homes to grow old in.