Today’s complicated office structure is made up of several different generations of employees, yet there are two that can be radically different: Baby boomers (approaching retirement; born between 1946 and 1964) and Millennials (entering the workforce; between the ages of 18 to 30). Each age group is distinct in its own way.

Many middle-income baby boomers are waiting to retire until they are eligible for Medicare, yet more than half admit to knowing little or nothing about the program, a new study says.

Financial planning can have a positive effect on familial relationships for Americans who have limits on how much financial assistance they can offer to family members, a new study says.

The cost-of-living adjustment (COLA) will increase 3.6% for Social Security beneficiaries in 2012, affecting more than 60 million consumers, although an insurance trade group says most will not see the full COLA.

Half of middle-market baby boomers say they lack the confidence to manage their investing, and fewer than 50% have contacted a financial services professional for help, according to a new survey from the Insured Retirement Institute.

The majority of middle-income baby boomers worry most about health care expenses, inflation and outliving their money, with women worrying more than men, according to a new report.

Insurers’ ability to capitalize on the growth potential of retirement income products will be controlled by their success at managing the risks associated with the products, according to a new study.

The life settlement industry is positioned for “one of its strongest years in recent memory,” according to a financing company chief executive.

Nearly half of people between the ages of 45 and 65 say they don’t feel confident in their retirement planning, and they appear to be counting on a wide range of income sources to fill the anticipated gap.

An executive at an Orlando, Fla.-based life settlement company, which says it has established relationships with three new funding sources, suggests the life settlement industry is “recovering.”