Baby Boomers Remain Unprepared for Retirement

Baby Boomers Remain Unprepared for Retirement

Baby Boomers, the generation closest to retirement age, are not prepared for retirement, according to an Insured Retirement Institute study.

The study says 42 percent of Boomers have nothing saved for retirement and among those who do, 38 percent have less than $1000,000 saved up. The study also found 79 percent of Boomers who work with financial advisors have at least $100,000 saved for retirement.

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The Best Suburbs for Retirees

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