Boomers Expect a Different Retirement than Their Parents
A recent study surveyed aging Boomers and found substantial differences in what they expected in retirement compared to previous generations.
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The study, conducted by the Bankers Life and Casualty Company Center for a Secure Retirement, surveyed nearly 1,300 Americans between the ages of 49 and 67 who held a total annual household income of $25,000 to $75,000 a year. The questions were meant to understand how Baby Boomers view their future retirement and what they expect in their retirement years that their parents and grandparents did not.
What[…]