Unable to afford another downturn, boomers take economic cover to prevent outliving savings

Published Updated 3 Min Read

The decline in property values across most of the country, a prolonged recession, and plain old negligence and shortsightedness on the part of American workers have all combined to make retirement more a fantasy than a reality for tens of millions of baby boomers.

In fact, the number of people age 65 and older will increase 79% between now and 2030, meaning another 75 million new retirees – or people who would love to be retired – will be looking for help with retirement income and investing, and most are terrified they’ll run out of money long before they die.


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