Did you know that there is actually a first Boomer? And she recently applied for Social Security benefits.
Here is a blurb from a Hartford Courant article on the subject:
Earlier this month, the nation's first Baby Boomer filed for Social Security benefits. Kathleen "Kathy" Casey-Kirschling, born one second after midnight on Jan.1, 1946, will be eligible for benefits beginning in January 2008. The retired seventh-grade teacher is on the leading edge of what the Social Security administration refers to as a "silver tsunami," nearly 80 million Americans born from 1946 to 1964 who will qualify for Social Security over the next two decades.
I’m in no hurry to apply for those benefits, if they even still exist when I reach retirement age. But articles like this might serve to remind us that most Boomers are horribly unprepared for living without a full time job.
How Do You Know?
5 days ago