Friday, August 19, 2011

Baby Boomers Envision What's Next?

From AARP:

As boomers approach retirement they are less confident about financing their retirement through their own savings or pensions. They are more likely to expect to rely on Social Security. Their health is also declining. As a result they are less optimistic about their retirement, and now have lowered expectations. They anticipate working longer, at least on a part-time basis, for the additional income. This is especially true among working boomers with lower incomes. The recession and financial meltdown have played a role in this pessimism,

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