Reasons For The Year 08 Deepened Financial

The insights and enthusiasm of career experts Lin Schreiber and Jeff Williams are most appreciated. We thank Michael Kolowich for his guidance and technical wizardry, Judy Goggin of Civic Ventures for her friendship and support, and Larry Brink for his wise counsel, generosity, and decades-long friendship.

Our heartfelt admiration goes to John Rosenthal for his sup- port and for setting a high standard for all Boomers. Much appreciation and thanks Reasons For The Year 08 Deepened Financial to Mary Good, or Good Mary, whichever you prefer. She is our editor at Kaplan and helped click pull us through the process as first-time authors. As mem- bers of the older half of the Boomer generation, we shared the good and the bad of many life-shaping experiences. We ducked for cover under school desks in Cold War drills, but eventually saw the Berlin Wall come down. While President John F. Kennedy inspired us, his assassination and those of Martin Luther King Jr. Many Boomers protested against the Vietnam War and in favor of civil rights, equal rights, and a cleaner environment.

Our distrust of the establishment deepened with the Watergate scandal. We came of age in revolutionary times, a generation hell-bent on challenging authority and changing the world. With advances in medicine and greater awareness about diet, exercise, and the risks of smoking, many Boomers will make it to age The U. Census Bureau estimates that by there will be nearly one million centenar- ians. If Willard Scott were still doing the weather on TV, he Reasons For The Year 08 Deepened Financial have to spend all day congratulating Boomers who were hitting the century mark. For a healthy couple age 65 today, there is a 50 percent chance that at least one of them will live to age And many will go well beyond that.

Whatever they do, they will not withdraw to the sidelines; they will not slip quietly into later life. https://modernalternativemama.com/wp-content/custom/research-paper/raymond-carvers-cathedral-a-place-of-communion.php are all about seeking new adven- tures, experiences, accomplishments, and relationships.

Many Boomers are finding themselves in a time of transition. Millions are becoming empty nesters while others are coping with divorce and being single again. Many are still raising children while also caring for elderly parents.

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There are a lot of problems at this time. The aim of this book is to inspire Boomers to grab the possibilities, and to offer guidance on navigating the challenges.

Retirement used to be an event: a good-bye party and a gold watch. For most Boomers, fathers were the principal breadwin- ners. When it was time to retire, our dads usually quit work cold turkey, and began what was billed as a life of leisure, or a here vacation.

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This will happen for two main reasons. First, Boomers want to stay in the game, to enjoy the satisfaction, sense of accom- plishment, and meaningful relationships that are part of the work experience. This is not a generation of dedicated savers.]

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This interrupted the ability of corporations to rollover their short-term debt. The U. September 20, Paulson requested the U. In response, the DJIA dropped The Federal Reserve doubled its credit swaps with foreign central banks as they all needed to provide liquidity. Wachovia reached a deal to sell itself to Citigroup; however, the deal would have made shares worthless and required government funding. Bush addressed the country, saying "Congress must act. Our economy is depending on decisive action from the government. The sooner we address the problem, the sooner we can get back on the path of growth and job creation.