Financial Confidence? It's Just Good Planning, Boomers Say

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Fri, January 17, 2025

[ Fri, Jan 17th ]: WOPRAI

As of Jan 17th, 2025, there has been substantial selling of LuxUrban Hotels Inc. in recent trading

[ Fri, Jan 17th ]: WOPRAI

As of Jan 17th, 2025, there has been substantial .. Pharmaceuticals Holdings, Inc. in recent trading

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As of Jan 17th, 2025, there has been substantial selling of Atomera Incorporated in recent trading

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As of Jan 17th, 2025, there has been substantial .. l Estate Investment Trust, Inc. in recent trading

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[ Thu, Jan 16th ]: Forbes

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[ Thu, Jan 16th ]: MarketWatch

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Wed, January 15, 2025

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[ Wed, Jan 15th ]: Forbes

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Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season

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Tue, January 14, 2025

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Mon, January 13, 2025

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[ Mon, Jan 13th ]: Forbes

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Financial Confidence? It's Just Good Planning, Boomers Say

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Sun, January 12, 2025

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Financial Confidence? It's Just Good Planning, Boomers Say

//stocks-investing.news-articles.net/content/202 .. fidence-it-s-just-good-planning-boomers-say.html

Published in Stocks and Investing on Monday, January 13th 2025 at 6:21 GMT by Kiplinger
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Baby Boomers may have hit the jackpot money-wise, but many attribute their wealth to financial planning and professional advice rather than good timing.

The article from Kiplinger discusses a survey conducted by the Insured Retirement Institute (IRI) which reveals that Baby Boomers feel more financially confident due to diligent retirement planning. Key findings include that 78% of Boomers are confident in their retirement plans, with many attributing this confidence to having a well-thought-out strategy. The survey highlights that those with a financial advisor are significantly more confident, with 86% feeling secure compared to 72% without one. It also notes that while many Boomers are saving adequately, there's a notable concern about outliving their savings, with 42% worried about this issue. The article emphasizes the importance of comprehensive financial planning, including investments, insurance, and estate planning, to ensure a secure retirement. Additionally, it points out the need for ongoing education and adjustments in financial strategies as circumstances change.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/retirement/financial-confidence-is-just-good-planning-boomers-say ]

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