How Baby Boomers are Picking a Retirement Age

Reader Comments

Back to blog

The General Motors (NYSE:GM) Pension Buyout plan, proposed to reduce their pension liability by an estimated 26 billion dollars, was announced on June 1. The plan will provide select U.S. salaried retirees with a lump-sum payment, while other retirees will be offered a continued monthly pension payment. Seeking out the advice of a competent financial advisor is suggested during this complicated decision-making process. The deadline for plan decisions is set for July 20, 2012. Go to http://www.gmpensionbuyout.net for more information and a free white paper on the General Motor's pension buyout plan.

simon acker of AL 11:05AM June 27, 2012

no let the retire be 76 years of age an lets the kids start working at age 8

mj of GA 11:53AM May 09, 2012

no let the retire be 76 years of age an lets the kids start working at age 8

mj of GA 11:52AM May 09, 2012

This is a nice breakdown within the boomer segment. I saw a recent AP/CBS poll that finds 73% of baby boomers plan to work past retirement are doing amazing things next, http://bit.ly/JgU1xt.

Maryl of NJ 11:04AM April 29, 2012

I read a blog about baby boomers now saying they do not plan on retiring until they are over the age of 70 and how it will affect consumer market trends. Here is the blog if you want to check it out!

http://www.varsitybranding.com/viewpoint/index.php/taking-care-of-business/

Ming Chau of PA 11:57AM April 19, 2012

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Planning to Retire

Senior editor Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

advertisement

Our retirement readiness calculator will provide a rough idea of how long your retirement savings and income will last.


advertisement