My Boomer Tips

My Boomer Tips

freakin' hippies have destroyed the greatness of this country.
revtobadblack:

My generation is just coming up to bat. I dont think it will be to hard for us to beat pissing away the greatness of a country for a padded 401(k).

My Boomer Tips

They were fed a meat and milk-based diet from birth, and refuse to give up their horrible eating habits. I've been in the restaurant business for 11 years and with the amount of meat and cholesterol they pump into their bodies, there's no surprise that many of them are dealing with hypertension, diabetes, liver/kidney disorders, and obesity.

The environment was not a concern until recently, but they refuse to give up what they are used to. Buy and throw away has been the norm. Convenience will always prevail.

And the economy? How many boomers are REALLY ready for retirement? So many are loosing their homes right now that I bet their 401(k) accounts are the last thing on their minds.

Now, before I get 3 dozen responses with "I am a boomer and I am not like that". I will tell you that I KNOW they aren't ALL like that. Many are responsible and conscious of their health and the health of the planet they are leaving to their children. Many pinched pennies and won't drain the taxpayers because of irresponsible planning. I am just generalizing here.

Marian Salzman wrote an article that claims that baby boomers are the greediest generation in US history. I can't say I disagree with her.

My Boomer Tips

Have enuff saved to retire in a modest life style? I will have worked for the federal gov for 30 years with a high 3 salary average of 0K and have my retirement plan in CSR which will pay me an annunity plus I now have 5K in the TSP but it will be more in 5 years I put in K a year now.
I have K in a CD ,2K in a money market savings acct. I have K in a 401-K acct at an old job. I own real estate (2 homes and 11 acres of land)valued at 0K and I have k in US savings bonds. I have 0 dollars income a month,until 2018, from a loan I loaned a family member. I own cars and boats worth K , Do you think I will be able to retire at age 56 and be able to survive until I die of old age?

My Boomer Tips

I have a cash balance retirement plan from my former employer, it's similar to a 401k. when I tried to request a roll over to my present employer's 401 k . I have receive no reply for month. what should be my next step?

My Boomer Tips

And how much money you get back with your 401 K retirement plan?