The Survey of Consumer Finances (SCF) shows that median net worth for baby boomers (households with head of household aged 55-64 in 2010) was $179,000 in 2010, down from $226,000 in 2007.  The median is defined to be the lowest of the top 50% (or the greatest of the bottom 50%).  At first glance, it… Read more

Joel Kotkin forwarded this article in the Oregon Environmental News.  Seems that baby boomers will retire to rural communities in big numbers, for maybe 15 years. This is likely to be particularly important in Central Oregon, and it is a mixed blessing. The baby boomer’s impact on Central Oregon’s economy will persist long after the… Read more