Tuesday, 24 January 2012

Georgetown University-Finance Professor-Baby Boomers-Retirement

Retirement Roulette

These days, William droms can shock people in two different ways. When he’s in his classroom at Georgetown University, the finance professor tells his students how much they’ll need to save on their own, year by year, to retire. Start saving early enough, he says, and you could sock away a million bucks by putting away just 4 percent annually. They’re pretty confident they can do it, he says, until they see how fast inflation eats away at their nest egg. read more..


Baby Boomers Make Old the New Young

When I was a teenager, I viewed anyone over 30 as old. These days 30-year-olds are just kids in my book. And I venture to say that before long that ripe old age of 80 will not seem quite as ancient as I once thought. Perceptions of what constitutes old age tend to change in our individual lives as we approach those ages. read more..

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