While more working baby boomers with pensions (56%) indicate they are more likely to retire at or before the traditional age of 65 than those without (39%), almost half of them still expect to retire with debt, according to a Fidelity Investments survey released last week.
Additionally, retired baby boomers receiving payments from pensions today say they should have saved earlier than they did. One in five retirees with pensions acknowledged they did no planning before retirement, with half indicating they only began planning just a year or more before retirement.
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