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Baby boomers face retirement challengesPosted by RJ and Makay on May 18, 2011 |
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Middle-Income Boomers, a new study by Bankers Life and Casualty Company Center for a Secure Retirement (CSR), found that 73% of middle-income baby boomers are rethinking retirement, and that 79% are delaying their retirement by an average of five years.
The study examined 500 Americans, age 47 to 65, with incomes between $25,000 and $75,000. One in seven respondents (14%) believe that the turbulent economy will prevent them from ever retiring.
