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Baby Boomers Facing Financial Disaster

Baby Boomers Facing Financial Disaster

Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

 

French parliament OKs raising retirement age from 60 to 62

France's parliament has given final approval to a bill to raise the retirement age from 60 to 62, a change that has sparked weeks of strikes ...

 

Rioters rampage, protesters block French airports

Workers opposed to a higher retirement age blocked roads to airports around France on Wednesday, leaving passengers in Paris dragging suitcases on foot along an emergency breakdown lane.

 

French retirement protests take violent turn

French retirement protests take violent turn

Masked youths clashed with police officers and set fires in cities across France on Tuesday as protests against a proposed hike in the retirement took an increasingly radical turn.

 

The French Say 'Non' To Raising The Retirement Age

But with the deflating euro and a rapidly aging population, they may have to make some concessions.

 

Adieu to retirement at age 60

Adieu to retirement at age 60

French workers will soon have to stay on the job -- for all of 35 hours a week -- until they are 62.

 

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