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Retirement to be a Bust for Free-Spending Baby Boomers
Baby boomers are consumers, not savers, especially when it comes to funding retirement, a new report confirms. “The retirement savings shortfalls show that for those on the verge of retirement, the deficits vary from $19,304 per individual in married households, increasing to $33,778 for single males and $62,734 for single females,” according to the study, conducted by the Employee Benefit Retirement Institute. Read More…
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