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As baby boomers begin to reach retirement age their prolific spending patterns are sending many of them into retirement still in debt. “The number of Americans 60 and over in debt is alarming,” according to a report by the AARP’s Public Policy Institute. The study shows that Americans over age 50 carry…

Economists have long warned of the coming economic difficulty when the number of Baby Boomers retiring overwhelms the remaining workers and crashes the Social Security system. One letter writer in World Magazine reminds the readers of the 40 million taxpayers removed from the work force by the terror…

Every day in the U.S. and Canada, 800,000 people are having a birthday. The average person receives 8 birthday cards and 4 gifts a year. 11,000 Baby Boomers turn 50 each day and will for the next decade. Almost 110,000 people have celebrated their 100th birthdays with a projection of more than 200,000…