Not Just For Kids: 10 Reasons Even Baby Boomers Should Play Outside
The Free Financial Advisor
by Teri Monroe
6h ago
In a world increasingly dominated by screens and sedentary lifestyles, the call to get outdoors isn’t just for the young. Baby boomers, often associated with a strong work ethic and a focus on family, can benefit just as much from spending time in nature. While the concept of outdoor play may conjure images of children running through fields or climbing trees, the truth is that outdoor activities offer a plethora of benefits for individuals of all ages. Here are ten compelling reasons why even baby boomers should consider playing outside. 1. Improved Physical Health Engaging in outdoor acti ..read more
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10 Smart Reasons Most Baby Boomers Are Aging in Place
The Free Financial Advisor
by Teri Monroe
3d ago
As the baby boomer generation gracefully transitions into their golden years, a growing trend has emerged – aging in place. Rather than moving to retirement communities or assisted living facilities, many baby boomers are opting to stay in their own homes for as long as possible. A recent survey by Redfin found that nearly four in five baby boomers plan to age in place. This decision is not merely sentimental; it’s backed by a host of practical and smart reasons. Let’s delve into ten compelling reasons why boomers are aging in place. 1. Familiarity Breeds Comfort Baby boomers have spent dec ..read more
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The Great Unretirement: Why Retired Baby Boomers Are Returning to Work
The Free Financial Advisor
by Teri Monroe
5d ago
In recent years, there has been a noticeable trend emerging in the workforce: the great unretirement of baby boomers. A new survey has found that 1 in 8 retired baby boomers want to go back to work in 2024. This phenomenon is driven by a variety of factors ranging from financial considerations to personal fulfillment. Here are 10 reasons behind retirees returning to work. 1. Financial Stability With rising living costs, stagnant pensions, and concerns about outliving savings, many baby boomers are finding it necessary to supplement their retirement income by re-entering the workforce. Worki ..read more
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9 Reasons Baby Boomers Are Healthier Than Other Generations
The Free Financial Advisor
by Teri Monroe
5d ago
Baby boomers are living longer than previous generations and are becoming more aware of the importance of an overall healthy lifestyle. According to the Schaeffer Center of Health Policy and Economics at the University of Southern California, the average life expectancy for 65-year-olds will rise 20 years in 2030. Not only have advancements in medicine made this possible, but boomers have adopted essential habits that help them age more gracefully than other cohorts. Here are 9 reasons why baby boomers are healthier than other generations. 1. They Are Socially Connected Connection is one of ..read more
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12 Places Baby Boomers Are Spending Their Money That Have Meaning
The Free Financial Advisor
by Teri Monroe
1w ago
As the baby boomer generation reaches retirement age and beyond, their spending habits are evolving. With a lifetime of experiences and accumulated wealth, this demographic is making conscious choices about where they allocate their resources. Rather than solely focusing on material possessions, many baby boomers are investing their money in places that hold deep personal significance.  Today, baby boomers are responsible for more than half of all US spending and wealth. Combined, boomers make up a net worth of nearly $70 Trillion. Here are 12 meaningful places baby boomers are spending ..read more
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13 Ways to Save Money on Summer Vacations with Your Grandkids
The Free Financial Advisor
by Teri Monroe
1w ago
Summer vacations with grandkids are cherished moments filled with fun, laughter, and creating lifelong memories. However, the costs associated with these trips can quickly add up. In 2023, the average cost for a weeklong vacation for four people was nearly $8,000.  Fortunately, there are numerous ways to make the most of your vacation while keeping expenses in check. Here are 13 tips to help you save money on summer vacations with your grandkids. 1. Plan Ahead Start planning your vacation well in advance to take advantage of early booking discounts on flights, accommodations, and activ ..read more
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17 Rare Coins That Could Be Hiding in Your Change
The Free Financial Advisor
by Teri Monroe
1w ago
Have you ever glanced at the loose change jangling in your pocket and wondered if there could be something more than just small denominations? Well, believe it or not, there could be rare coins nestled among the ordinary ones, waiting to be discovered. While most people dismiss coins as mere pocket change, collectors know that some coins are worth far more than their face value due to their rarity, historical significance, or minting errors. Here, we unveil 17 rare coins that could potentially be hiding in your change. 1. 1943 Copper Penny During World War II, due to a shortage of copper, t ..read more
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18 Weird Ways Countries Are Tackling Economic Challenges
The Free Financial Advisor
by Teri Monroe
1w ago
In a world where economic crises are a recurring theme, countries are often pushed to think outside the box to address their financial woes. From implementing quirky policies to embracing innovative solutions, nations around the globe are constantly exploring new avenues to navigate through economic turbulence. Here are 18 weird and wonderful ways countries are tackling their economic challenges. 1. Iceland’s Pirate Party and Direct Democracy One example of countries tackling economic challenges in creative ways is Iceland’s Pirate Party. Iceland’s Pirate Party proposed using crowdsourcing ..read more
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14 Online Behaviors That Put You at Risk of Cybercrime
The Free Financial Advisor
by Teri Monroe
1w ago
In today’s digital age, the internet has become an integral part of our daily lives, offering convenience, connectivity, and countless opportunities. However, along with its benefits come risks, particularly regarding cybersecurity. With over 2328 attacks per day, there is a hacker attack online about every 39 seconds. There are some behaviors online that put you more at risk of cybercrime than you may be aware. Cybercriminals constantly evolve tactics to exploit vulnerabilities and steal sensitive information from unsuspecting individuals. While technology has advanced to combat cyber threa ..read more
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15 Things Smart People Only Leave to Charity in Their Wills
The Free Financial Advisor
by Teri Monroe
2w ago
While it is most common to make charitable donations throughout your lifetime, smart people understand the benefits of leaving contributions to charity in their will. Writing charities in your will not only feels altruistic and may ensure your legacy, but there are also significant tax benefits for the estate and your heirs. Charitable bequests, whether assets or items, are typically deductible from the estate’s taxable income, reducing the overall tax burden. While many people leave financial donations to charity in their will, many other surprising things can be left to charity. Here are 1 ..read more
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