The other day, I talked to an old friend I hadn't spoken to in months -- mostly because she's a wingnut and I couldn't take her pre-election insanity. So one of the first things she does is start complaining that her 40-year-old daughter's Social Security taxes went up "$200 a week and that's a lot when she's paying $55,000 a year for her daughter in college." (Her daughter makes $250K a year.) Through clenched teeth, I said, "Your daughter makes ten times what I do, and I wish I made enough to pay those taxes.

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    According to research from the Center for Retirement Research at Boston College, within the Baby Boomer generation, there is a sharp difference between the experience of "late boomers" (i.e., those ...
    04/30/2024 - 12:00 am | View Link
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