May 18, 2013 |
Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been stashing away their combined income at an enviable rate - more than 25% - for retirement. Together they have more than $1 million in investments and no debt. But rather than feeling reasonably secure about their financial future, they dread a return of hard times.
CALIFORNIA | LOCAL
February 1, 2013 |
For the first time since California became a state in 1850, Latinos will surpass whites as the largest ethnic group by 2014, according to demographic numbers released Thursday. The state Department of Finance estimates that by the middle of this year, whites and Latinos will each represent about 39% of California population, with Latinos reaching a plurality soon after that. Officials expect that by 2060, Latinos will make up 48% of the state's population, compared with 30% for whites.
March 31, 2013 |
Until recently, it would have been fair to say that older people simply did not get divorced. Fewer than 10% of those who got divorced in 1990 were ages 50 or older. Today, 1 in 4 people getting divorced is in this age group. It turns out that those high-profile breakups of Tipper and Al Gore, and Maria Shriver and Arnold Schwarzenegger, were part of a trend. Baby boomers, who drove the huge increase in divorce that began during the 1970s and persisted through the early 1980s, are at it again.
October 23, 2000 |
The baby boomer generation lost one of its heroes last week: Rick Jason is gone. Better known as Lt. Hanley on the long-running 1960s World War II series, "Combat!," he died of a self-inflicted gunshot at the age of 74. As they often say in Hollywood war films, "we lost us a good man." Jason was not only a wonderful human being, a devoted husband and a fine actor, he was one of our best storytellers, with links to the golden age of Hollywood.
June 8, 2010 |
Fox's musical comedy hit "Glee" has revolutionized TV in many ways (including the fact that TV critics can now write the term "musical comedy hit," and who thought that would ever happen?). But watching the recent "Safety Dance" episode, it all came together: Here is a show celebrating popular music and there isn't even a whiff of boomage. Those of us who had the misfortune to be born in the first half of the 1960s are truly a lost generation. Not quite boomers, not quite Gen X, we came of age as the Carter White House succumbed to the Reagan years, when women rediscovered shoulder pads and men wore penny loafers with no socks, when everyone found the conceits of "Bosom Buddies" and "Three's Company" racy and hilarious.
March 7, 2014 |
WASHINGTON -- Members of the huge millennial generation are less religious, less likely to call themselves “patriotic” and significantly more liberal than older generations, new research shows. Although adults aged 18-33 are much more likely to call themselves political independents than their elders are, they are also far more likely to vote Democratic. Their views favoring activist government, as well as their stands on social issues such as gay rights, reinforce that voting behavior, an extensive study by the Pew Research Center shows.
July 9, 2012 |
It says "memoir" on the jacket of this book, and this time, it's true. Anna Quindlen has been the diarist of baby boomers, and women boomers especially, since she began writing at the age of 18 for the New York Times, where her columns won a Pulitzer Prize and whence she launched a second career as author and novelist. Quindlen helps to tidy up the word "memoir" from the grime it acquired at the hands of "memoirists" like James Frey and Margaret Seltzer, the word winding up in that fantasist's dictionary where the definition of "memoir" is "stuff I just make up. " "Lots of Candles, Plenty of Cake" is certainly her own: She turned 60 on Sunday.
May 17, 2013 |
The retirement crisis is deepening, with recent generations of Americans less financially prepared for their golden years than their parents or grandparents, according to a new study. The study by the Pew Charitable Trusts suggests that people who retire over the next quarter-century could suffer declining standards of living compared with earlier generations, a rare and troubling phenomenon in modern-day history. The retirement math is most vexing for Generation X, those people born between 1966 to 1975, and for so-called late boomers, who were born after 1956, according to the study by the Pew Charitable Trusts.