Boomers and Finances An AARP Bulletin Survey Economic Security and Work

Boomers and Finances An AARP Bulletin Survey

This and Related Reports

(Full Report, PDF) (Infographic, PDF) With an interest in learning more about what American Boomers perceive about their financial performance and situation, on behalf of the AARP Bulletin, in November 2013, AARP Research conducted a short telephone survey among a nationally representative sample of 714 individuals age 49-67 years old. Key findings include: Two-thirds (67%) of Boomers say they are doing at least somewhat well financially, with one-in-five (21%) doing extremely or very well and about half (46%) doing somewhat well. Regarding how well Boomers thought they would be doing financially at their age, the majority (56%) say they are doing either better than expected (20%) or about the same as expected (36%). About four-in-ten (39%) Boomers perceive they are doing better than their parents were doing financially, and over a quarter (26%) perceive they are doing the same as their parents were doing at the same age. Over four-in-ten (43%) Boomers expect their children will be doing better financially and about one-fifth (18%) of them expect their children will be doing about the same as they are doing today when their children reach the age they are today. For more information, please contact Matrika Chapagain at . Suggested Citation: Chapagain, Matrika. Boomers and Finances An AARP Bulletin Survey. Washington, DC: AARP Research, March 2014.

Search AARP Research

Enter a keyword below to find answers to your AARP Research questions. NEWS ALERTS: Sign up for a monthly newsletter of the latest AARP Research. Subscribe Caregiver Costs

Caregiving Comes with Financial Burdens

In 2016, family caregivers spent on average just under $7,000 per year, or an average 20% of their income, on caregiving expenses. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

Close In the next 24 hours, you will receive an email to confirm your subscription to receive emails related to AARP volunteering. Once you confirm that subscription, you will regularly receive communications related to AARP volunteering. In the meantime, please feel free to search for ways to make a difference in your community at Javascript must be enabled to use this site. Please enable Javascript in your browser and try again.