Economic roller coaster turns boomers’ stomachs

The Bakersfield Californian August 5, 2011 It’s stomach-turning. No, I am not talking about how you feel after you get off the Green Lantern: First Flight, the just-opened new thriller roller coaster at Magic Mountain. I am talking about how you feel after watching the congressional debt-ceiling debate, after watching the stock market take your … Read more

Social Security is still retirement ‘cornerstone’

The Bakersfield Californian July 8, 2011 AARP, the powerful nationwide organization that advocates for older Americans, recently sent shock waves through the ongoing, divisive debate over the future of Social Security. Long an opponent of any change, AARP announced that it would consider “modest” reductions in benefits to keep the program solvent for generations to … Read more

Boomers, do the math before ‘strategically defaulting’

The Bakersfield Californian June 9, 2011 They are called “strategic defaulters.” As home values continue to fall and the economy continues to struggle, their numbers are climbing, including among baby boomers, who are nearing retirement or who already have retired. Boomers “strategically” defaulting on their mortgages — sending the keys to their homes back to … Read more

Divorce misstep after 50 can be catastrophic

The Bakersfield Californian May 13, 2011 Fans are watching in horror as the fallout from the bitter divorce war of Jamie and Frank McCourt, the owners of the Los Angeles Dodgers, jeopardizes a long-treasured baseball franchise. With accusations flying, the meltdown of the McCourts’ 30-year marriage has become so toxic that the commissioner of Major … Read more

Boomers, plan your encore career before retiring

The Bakersfield Californian April 8, 2011 Another poll and another indication that baby boomers are just plain frightened about their retirement financial security. Released this week, the Associated Press-LifeGoesStrong.com poll found 44 percent of the boomers surveyed expressed little or no faith that they would have enough money when their careers end. Only 11 percent … Read more

Retirement ‘grass’ may not be greener in another state

The Bakersfield Californian February 18, 2011 Blame it on the winter fog and rain. Or maybe it is just spring fever. Whatever the cause, in recent days, several boomer clients have vowed to beat feet out of Bakersfield when they soon retire. I can understand some of their concerns. California’s and Bakersfield’s image has been … Read more

Silver tsunami heads to retirement shore unprepared

Bakersfield Life Magazine February, 2011 They have been called the “pig in the python.” They are the baby boomers who comprise a huge bunch of people born after World War II, from 1946 to 1964. They swelled the historically “flat” demographic line as they grew out of diapers, overwhelmed American schools, consumed the job market … Read more