Boomers are far more likely than any other group to be aware of price increases. When prices go up, they cut back on non-essential items and avoid impulse buys, with just 53% succumbing to them.
Lauren McCadney had always wanted to live next door to friends or family. In her late 50s, she finally made that happen, though not the way she'd planned. In 2020, Lauren's mother, who had been living with her brother and his family in Frederick, Maryland, died. Lauren, who was going through a difficult divorce and doesn't have children, decided she wanted to be closer to her family and help her brother care for their dad, who was dealing with his own health challenges.