May 22, 2008 :: Mark Lederer

Congratulations to Boomer 411

Boomer 411 New LogoBoomer 411 has just released a new version of their site. Beyond the nice new color scheme, The new site has some great new features such as a questions and answers section and the ability to increase the font size of the articles for those that like reading larger print.

Many people have asked me why I take such an interest in Boomer 411. I believe that the average Baby Boomer has not saved enough money for their retirement. As I recently state in a posting, The Retirement Drum Beat Gets Louder, the average retirement savings for Baby Boomer’s is less than $50,000. This means that there are many Baby Boomer’s that need help. This fact will affect not only the Boomer’s, but it will have a significant impact on the children of the Boomer’s and the US economy as a whole.

To illustrate why I am interested in the Boomer population I have compiled a series of links to relevant articles about the boomer population. Read below and then let me know how you think the situation of this large demographic will affect the situation of our country as a whole. So, I congratulate and applaud Boomer 411 for doing something to help the Baby Boomer population!

Links to Baby Boomer Articles:

Ben Stein How Not to Ruin Your Life: Living Hand to Mouth — and Barely Getting By

Are Baby Boomers Financially Prepared for Retirement?

Net Worths and Retirement Savings of Baby Boomers

The Big Squeeze

Baby boomers turning 50 must face hard facts

Seven in Ten Baby Boomers Now Less Confident Their Retirement Savings Will Last

Retiring Baby Boomers’ Home Equity Under Valued

The baby boom generation and aggregate savings - includes article about use of Survey of Consumer Finances to calculate savings rates


3 Responses to “Congratulations to Boomer 411”

  1. carol stanley Says:

    The site looks great…And the second half of life is certainly different than the first half…THere are lots of things to look forward to…mostly freedom..hopefully!..THis is a time of fun, adventure and even new ventures…I think it is important to have dollars to do things, but there are still lots of free things to do. We just moved to a small town and I have found lots of freebie fun things to do.

    carol stanley…spectacularlifeaftersixty.blogspot.com/

  2. Guru Says:

    Mark,
    Thank you very much for your kind words. We at Boomer411 are very excited about the journey we are undertaking together with our users that are Baby Boomers. We believe that helping Baby Boomers make sense of the information presented to them would be helpful as they set out to prepare or explore retirement and all the excitement it brings. By providing a web site they know they can always rely on to find trusted and reliable content, we hope to help them make sense of this information overload that we live in called the world wide web. I’d also like to point out that every article that is indexed by Boomer411 is carefully reviewed and selected by experts in the field for its value and relevance to Baby Boomers.

    We invite everyone to take a test drive on Boomer411 and register.

    Again thank you for your support and encouraging words. Please do keep up the good work you are doing in bringing uncommon financial, real-estate information to people through this blog. I myself have learned a few things reading this blog.

    Best Regards,
    Guru

  3. AlexM Says:

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

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