Badger Boomers

Today is Friday, July 30th, 2010

Feature Article #1

Will public employees here have to work longer?

Wisconsin may have one of the best public worker retirement plans in the country — but with so many states raising the retirement age and altering public pensions, will that change?

badgerboomer | June 28th, 2010 | Continued

Feature Article #2

Boomers text and drive almost as much as teens

More adults than teens text and drive — in fact, nearly one in three boomers has, according to one survey.

badgerboomer | June 19th, 2010 | Continued

Feature Article #3

Poll: Boomers may be less happy

A majority of all Americans of all ages are happy, a Gallup poll found, but baby boomers may be among the least joyful.

badgerboomer | June 6th, 2010 | Continued

Feature Article #4

Write for BadgerBoomers.com

We need people like you to help us find the news and views that matter most to Wisconsin boomers and then write about it. BadgerBoomers.com is looking for boomers who have questions to ask, ideas to share and opinions to express to become regular contributors to the web site. “Badger Boomers” are needed in each [...]

badgerboomer | June 5th, 2010 | Continued

About this Site

BadgerBoomers.com aims to inform and engage boomers age 45 or better by compiling news stories specific to your interests and concerns — keeping the focus Wisconsin-based as much as possible. This site was created by fellow boomer Terry Burrington, founder and CEO of Financial Marketing Corporation, a senior marketing consulting firm based in Palmyra, Wis. [...]

Take simple steps to improve finances

May 26th, 2010 • badgerboomer • 0 comments • Related • Filed Under

“Frugality” has taken on new meaning this recession, becoming an almost hip and trendy trait — even for boomers.

Baby boomers have been able to enjoy spending for most of their adult lives as their assets grew steadily, notes Scott Hoyt, senior director of consumer economics at Moody’s Economy.com in a Associated Press article.

But, faced with children’s rising college expenses, combined with losses in retirement investments and declining home values, that has changed.

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Wisconsin Supreme Court rules on estate taxes

May 5th, 2010 • badgerboomer • 0 comments • Related • Filed Under

The Wisconsin Supreme Court has ruled that personal estates are responsible for paying state and federal estate taxes rather than individuals who inherit money.

The decision applies to accounts that have a “payable on death” recipient. A payable on death bank account is a regular bank account that names a specific person as the beneficiary of all funds once the bank account holder dies, explains Steve Thompson on AssociatedContent.com.

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Wisconsin’s assisted living, nursing homes cost more than average

April 27th, 2010 • badgerboomer • 1 comment • Related • Filed Under

The additional care required for the aging or those dealing with significant health issues may cost more in Wisconsin.

The cost of living in a nursing home or assisted living facility in Wisconsin is higher than the national average, according to an annual survey by Genworth Financial Inc.

The price tag for assisted living averages $40,725 a year and $82,125 per year for nursing home care in Wisconsin. Costs vary widely even by city: for example, nursing home costs in Milwaukee are 37 percent above the national median, the Milwaukee Journal Sentinel reported.

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Spring cleaning for your financial files

April 14th, 2010 • badgerboomer • 0 comments • Related • Filed Under

Some of us save too little. Others, too much. For those whose personal file cabinets overflow with financial documents, tax time can become a time for spring cleaning — and shredding.

There’s no benefit to keeping any financial document longer than needed. A recent article in the New York Times recommends keeping the following types of documents for varying lengths of time.

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