In 2008 the first wave of baby boomers will turn 62 — now the earliest age at which U.S. workers can retire and qualify for some Social Security benefits. Awaiting them will be a very different retirement than that of their parents. read more »

What do Elvis, Grouch Marx, the Grateful Dead’s Jerry Garcia and Chief Justice Warren Burger have in common?

The estates of each of these famous people were contested. This caused family discord and the public disclosure of personal and family information and the heirs lost millions of dollars of inheritance. read more »

For years, economic prognosticators have been sounding alarms about the enormous drain this large population will place on Social Security, Medicare, the nursing home industry, hospice and other federal, state and local programs for seniors.

What are some of the challenges boomers face? And how are they planning for retirement? First, here’s a look at the generation, by the numbers.

During the post World War II years of 1946 to 1964, approximately 77 million children were born in the United States. Today they are 37 to 55 years old and represent 28 percent of the U.S. population. An estimated 27 percent of boomers are in the 37 to 41 age group, and the Social Security Administration reports that every day 10,000 individuals reach 50 years old. read more »