How Retirement for “Baby Boomers” Differs From the Previous Generation
From longer lifespans to generally better health, the Baby Boom generation approaches retirement with a set of characteristics that differ substantially from the generation before them. The financial characteristics of their retirement plans also differ markedly, thanks mainly to deferred compensation plans, but they also tend to be carrying more debt into their retirement years. An article By Emily Brandon posted on U.S. News & World Report’s Money page takes a look at what these differences mean. Read the article here…
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