Ad-libbing Retirement, Rinsing With Wine, Etc.

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Say what you will about baby boomers’ self-absorption, you can’t accuse them of obsessing about their own retirement finances. A poll by Phoenix Affluent Marketing Service found nearly half of well-to-do boomers have never discussed their retirement needs with a financial planner. Though 28 percent of older affluent boomers (age 50-59) intend to retire within five years and another 36 percent in six to 10 years, 62 percent of these wanna-be-retirees don’t have a written financial plan for retirement; 27 percent have never discussed the matter with a financial advisor.

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