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Thirty-three percent of baby boomers are worried they won’t have enough money saved for retirement, 34% do not know the age at which they will retire, and 57% plan to continue working, according to a recent survey by the Insured Retirement Institute.
However, among those baby boomers who own annuities, 90% think they are doing a good job of preparing for retirement.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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