
With the Baby Boom commonly defined as beginning in 1946, the leading edge of the Baby Boomers are turning 75 this year. (Interestingly, three United States presidents, Bill Clinton, George H. Bush, and Donald Trump, were all born in that first Baby Boom year.)
But what does it mean that Baby Boomers are just beginning to cross this threshold? For them? For society? This blog post will discuss the former—planning for 75-year-olds—and a subsequent post will discuss the latter—the impact on our society of aging Baby Boomers.
A Time to Plan
Borrowing both from Ecclesiastes and from my friend and colleague Rajiv Nagaich of Life Point Law in Washington State, age 75 is a good time to plan for the second half of retirement.
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