Tag: baby boomer
Introduction Many of today’s workers are at risk of having insufficient resources in retirement. The reason for this gloomy picture is a rapidly changing retirement landscape defined by a rising Social Security retirement age, a sharp decline in traditional pensions coupled with modest 401(k) balances, low saving rates, and longer lifespans. However, one potential bright…
Introduction As the leading edge of the baby boom generation approaches 60, growing evidence suggests that many may want to work beyond traditional retirement ages. Longer work lives may be desirable for a combination of reasons, including financial need, robust health, and the desire to stay active, productive, and engaged……
