Why Are Baby Boomers Becoming HOMELESS? How Can You Avoid It In 2025?

Why are baby boomers becoming homeless despite holding a significant portion of the nation's wealth?

In this video, we explore the surprising reasons behind the rising homelessness among baby boomers and what it means for those nearing retirement. Learn about the challenges faced by younger boomers, the economic hurdles, and the solutions that can help reverse this alarming trend. Don't let retirement catch you off guard—stay informed and prepared.

Meanwhile, if you found this video helpful, please give it a thumbs up, leave a comment with your thoughts or questions, and don’t forget to subscribe to The Smart Retiree for more retirement related insights. #BabyBoomers #BabyBoomersHomelessness #RetirementPlanning

***This material is provided strictly for informational purposes and should not be interpreted as financial advice or specific recommendations.

Decisions regarding investment strategies, retirement planning, and other financial matters are significant life choices and should be approached with great care.

The information shared here does not take into account the investment goals, risk tolerance, or personal financial situations of any individual, and may not be appropriate for everyone.

It's important to understand that this information is not meant to serve as the primary basis for any financial decisions. Always seek advice from your legal, tax, and/or financial advisor before making any decisions involving investments, taxes, estate planning, or other financial matters.

Unlike "get rich quick" schemes, success in financial planning generally requires sound strategies, consistency, and long-term market engagement. Do your due diligence and make informed decisions.***

[rustykatt]

Discussing the two groups of Baby Boomers is useful and interesting. Thanks for the video. Good luck to us all ✨😊✨.

[carolinapascua]

Very true rents are high not enough for social security.

[DIAMONDGIRL]

Yes. We worked hard. Life was not easy!

[Rajul_Jamil]

Take New York city area, there are several parks like Central Park, Prospect Park or Freshkills Park on Staten Island that could be taken over and with all the money for social services build mini-homes for the homeless, the same could be done all over the US.

[karenbochinski]

This is awful. Noone over 65 should be homeless. Get rid of the migrants and help these folks out first

[dt]

Because they don’t have a house some of them don’t even have an apartments.

[ashleybosvik]

Homes are still available if you go to small towns.

[porkyrabbit]

Maybe they should have stopped eating so much Avocado Toast and they need to pull themselves up by their bootstraps

[RoyVowels]

They're the ones that allowed our country to become what it is. Time for some consequences and accountability for their ignorance 👍

[jerryvargas]

Trying to find a place in my heart where I care. Pull your boot straps up 😂

[miken]

As a boomer you report is liberal B.S., you camr into this with a point of view and distorted the issue. The reason is none of those things and you got the past issue in erong decades, oil crash was in the 80s, not 70s. Globalization was a 90s problem pushed by Clinton, not the 80s. There were several opportunities to buy s house for cheap during the savings & loan crises in the late 80s or during the 2008 crash. But the best investment period that built boomers wealth was the 80s, eith the new 401k investmentd ee had too many investors for too few stocks and drove up prices, this is where most Boomers made their wealth. Interest rates were high and that is where i made my wealth. Housing was risky, stocks bonds & gold did better. BUT, the real reason some boomers didnt do eell is because in sny group 1/3 the people are above average and the other half are below average. Above average half do well, below average half fall behind. Everything is a competition, you dont need to be the best but to do well you must strive to be in to top half.