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Thursday, May 03, 2007

Insolvency may imperil boomer retirement

The bottom line is that never before has so many people been so under-prepared for so great a challenge ahead of them. Considering the fact that the majority of Americans save nothing for retirement, it should be no surprise that an estimated 95% of us will not retire financially independent. In addition, baby boomers have been the beneficiaries of society’s medical, technological and educational advancements allowing the life expectancy to expand.

"The Perfect Storm"
InsuranceNews.net

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