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Released: January 29, 2013
Retirement: Debt holds many boomers back
Source: Rodney Brooks, USA Today
Baby Boomers, forget about retirement. We'll be working for the rest of our lives. OK, that may be an exaggeration, but not by much. We have not saved enough money. And worse, many of us will still be up to our eyeballs in debt when we do retire. We're just one medical emergency away from bankruptcy.
According to Boomers and Retirement, a new survey by TD Ameritrade, the average Baby Boomer is about a half-million dollars short on retirement savings.
Read Full Article: Retirement: Debt holds many boomers back
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