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.
February 5, 2013 |
Sometimes, headlines alone can tell a story. Start with this one from The Times: “Baby boomers may live longer, but their elders were healthier.” And while you're pondering that, check this one out: “Sperm count low among couch potatoes, study finds.” And finally, there's this, well, punch-line headline : “Gov. Christie eats doughnut with Letterman; talks Sandy storm aid.” Yes, boys and girls and boomers, we have met the enemy, and he is us. Of course, I'm not talking about you , specifically.
September 4, 2006
Re "American Waistlines Grow, Especially in Southern States," Aug. 30 I found your article on obese America a problem of medical crisis for millions now and in the future. Today's generation may indeed be called "the belly boomers." KEN JOHNSON Pinon Hills, Calif.
CALIFORNIA | LOCAL
May 6, 1993
Maybe part of the problem for us twentysomethings is the name. While I've always found the term "baby buster" insulting, Generation X only validates the bad attitude baby boomers accuse us of having. I think of myself as one of the "Sesame Street Generation." JAMES COLE Burbank
May 6, 1986 |
Between 1946 and 1961, 76 million baby boomers were born. Most of them would get a double kick out of "The Wonder Years," subtitled "A Baby Boom Musical Revue," at the Hollywood Roosevelt Hotel Academy Room. That is, not only would they enjoy themselves, they'd also be on the receiving end of a kick in the pants. "The Wonder Years" has moments of sheer, exuberant nostalgia. But it goes beyond them into a realm of clever social criticism that lets no one escape unscathed.
February 13, 2014 |
Last year's stock-market surge boosted 401(k) accounts, but millions of Americans are still likely to run short of money in retirement, according to a pair of studies released Thursday. The average 401(k) balance reached a new record of $89,300 in the fourth quarter, up 15.5% from a year earlier, according to mutual-fund giant Fidelity Investments. More than three-quarters of the gain came from rising stock prices. The rising market helped the average 401(k) balance nearly double from a bear-market trough of $46,200 in March 2009, according to Fidelity.
CALIFORNIA | LOCAL
September 1, 2001
Mike Males ("The True 'Great Generation,' " Opinion, Aug. 26) needs to get out more. He needs to put theory and prejudice aside and meet and talk to some actual human beings. I could introduce him to myriad California baby boomers who were never drug addicts, who paid our own way through UC, who voted against Proposition 13 and for every school bond initiative and who have generally lived our lives quietly working, caring for aging parents, trying to set a prejudice-free example for our juniors and patiently paying taxes.
January 11, 1986
Why didn't the Raiders sell out for their home playoff game? I for one was not interested in watching another lackluster performance by Marc Wilson. But, being one of those over-the-hill baby boomers, I would have spent the money to see it if old Number 16 had enough left to win one more time. LARRY HEILLER Hermosa Beach
April 14, 1996 |
At Ford Motor Co., the marketing types have developed a new niche for their minivans. Moving beyond the mainstay market of parents with young children, they are pitching the boxy vehicles to older-but-fitter adults who don't have kids but need the space to stow camping and sailing gear. At Dr. Roger Salisbury's Men's Center for Aesthetic Surgery in New York, the growing list of cosmetic surgery candidates includes a significant new sub-category. Many patients are anxious, middle-aged men who not only want to look better, but feel they must improve their appearance to stay competitive in the job market.
CALIFORNIA | LOCAL
June 15, 1998
Re "Who Will Replace Retiring Boomers?" June 8: What irony. Not more than a decade ago, older workers were forced out of their jobs because they were "out of touch" and "too expensive." Who took their place? Young, arrogant, ignorant baby boomers. Technology was everything and the old ones just didn't understand. Right? Now, the shoe is on the other foot as the boomers are getting old and must continue to work because of the economy they created. They cannot afford to retire. Now, they will be clamoring to stay in the workplace.