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The golden years dilemma

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Author Info
Kai-yan Lee

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Abstract

With 3.2 million baby boomers eligible to retire this year, how many will be able to meet daily financial needs and still preserve home equity? The author advises seniors to plan carefully and learn about the many forms of assistance available.

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File URL: http://www.bos.frb.org/commdev/c&b/2008/summer/Kai-yan_Lee_elderly_finance.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Boston in its journal Communities and Banking.

Volume (Year): (2008)
Issue (Month): Sum ()
Pages: 16-19
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Handle: RePEc:fip:fedbcb:y:2008:i:sum:p:16-19

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Related research
Keywords: Retirement income ; Home equity loans ; Baby boom generation ; Population aging - New England;

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This page was last updated on 2009-11-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.