GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Ah,Baby Boomers.
Many other generations love to well, if not hate them, at least resent them.
Okay, Boomer, anyone?
However, thats not to say those moves have been flawless.
Reporting from Savings.comshowsthat half of parents with adult children provide some sort of financial support to their kids.
Boomers would also do well to ensure they have robust emergency funds, ideally parked inhigh-yield savings accounts.
Annuities, too, can be a powerful tool to create a steady income stream in retirement.
Bottom Line
Baby Boomers get a hard rap sometimes.
Addressing these habits can help Boomers course-correct and build a more secure financial future.
More From GOBankingRates
Share This Article:
The Latest inNet Worth
