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Baby boomers are hitting “peak 65.” Two-thirds don’t have nearly enough saved for retirement. – CBS News
The nation is rapidly approaching “peak 65” as younger baby boomers turn 65 this year, initiating the biggest wave of retirements in U.S. history. Yet most of those Americans are financially unprepared to stop working, and many risk living in poverty, according to a new analysis. The retirements of the youngest boomers — those born…
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Retirement | The Latest News on Retirement
Retirement. In the United States, the word usually brings to mind trading one’s job for days of leisure, swapping quotas and deadlines for hobbies like gardening, reading or golf. It’s something nearly everyone hopes to reach, even if they have done little on their own to prepare for it financially. Being retired does not necessarily…
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6 Surprising Facts About Retirement
Retirement is a topic that regularly makes headlines and not all of them are encouraging. Americans are living longer than ever before. However, if you assume most people are saving more to prepare for their longer-term needs, you’d be mistaken. Here are some of the startling truths about retirement in the U.S. Key Takeaways 1.…