Close Close

Financial Planning > Behavioral Finance

For baby boomers, lessons in financial basics

Your article was successfully shared with the contacts you provided.

The baby boomers came of age during the Age of Aquarius and now are entering their retirement years. At 78 million strong, they are a huge portion of the population, that grew up in an age of financial certainty and rising standards, but when the financial crisis of 2008 kicked in, they took a hard hit from which many never recovered. Their nest eggs much reduced or destroyed altogether, this generation is learning the hard way that they have to re-learn everything. NPR goes over the basics for anybody wanting to start a financial conversation with boomers in need of financial planning.