Rescuing baby boomers’ retirements
Given their limited savings, current low interest rates and the ongoing rise in prices and out-of-pocket health care costs, most boomers need a financial lifeline.
Close to 80 million baby boomers have retired or will shortly and many, if not most, are woefully ill-prepared for what may be more years spent out of work than spent at work. For most, typical wealth holdings represent less than three years of earnings. A veritable baby boomer retirement crisis.
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