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Showing 261 - 270 of 291 results for "Baby Boomers"

38 per cent of US retirees like reverse mortgages

ALEX DUNNIN  |  TUESDAY, 6 MAR 2007
A survey by global consulting firm McKinsey & Co has found that US baby boomers will be forced to retire far sooner than they had hoped while having too little in retirement savings and holding unrealistic expectations about how they will finance it. ...

Salary sacrifice now three times more powerful

... the focus in the lead up to the 1 July introduction of new super rules was on how the Budget has been a bonanza for baby boomers. "Everyone's talking about the million dollar opportunity," he remarked, referring to the four month's window where individuals ...

Planning starts at 30: MLC

... asset-poor, cash-poor and debt-rich to 'afford' financial advice. And many financial planners agree. Many cater for the baby boomers or the asset-rich and cash-rich 50-somethings. This segment is closer to retirement and therefore more likely to seek ...

More growth through structured products and MAs

... Americans will retire over the next 10 years. A similar situation is happening in Australia where the majority of the baby boomers will retire over the next two decades. "That has shifted the demand from growth funds to more income producing products ...

You are how you spend, not your age

... on financial services, according to a leading demographics expert who argued that labels such as Gen X, Gen Y and Baby Boomers were outmoded and ineffective. Ex-KPMG consumer behaviourist, Ross Honeywill, and co-author Verity Byth have published a new ...

Super funds to back new home equity mortgage group

KATE HAGE  |  FRIDAY, 22 SEP 2006
... flat. If it does increase we share with the person the growth," she said. Clarke added that the product targets both baby boomers who are underfunded as they move into their retirement and people looking to take the next step and upgrade to a larger ...

Super tax concessions cost more than they save: Greens

ALEX DUNNIN  |  FRIDAY, 16 JUN 2006
... income during their working life. But the report highlights what the Greens believe is the flawed logic that so-called baby boomers require much more generously funded and luxurious retirement lifestyle than previous generations of retirees. According ...

Baby boomers set to live it up in retirement: CommBank

HAMISH MADDEN  |  THURSDAY, 18 MAY 2006
A Commonwealth Bank (CBA) survey has revealed that baby boomers will approach retirement in a far more active way than past generations, with two-thirds believing they will be able to afford their lifestyle of choice. The Lifestyle Aspirations survey ...

Boomer Budget bonanza

ALEX DUNNIN  |  WEDNESDAY, 10 MAY 2006
... back red tape, the Budget may have sown the seeds for a superannuation contributions explosion among millions of baby boomers who can now play super-savings-catch-up without having to worry about losing it all in tax. If this sentiment passes on to younger ...

Quadrant gets ready as baby boomers cash in super

Tasmanian-based industry fund Quadrant has reshaped its operations in the lead up to its predominantly 'baby boomer' members entering the retirement phase in the next few years. Chief executive officer, Wayne Davy, said that the fund, which was previously ...