Retirement Crisis Looming as Baby Boomers Age: Are You Prepared?
New York, NY – As the United States faces an impending retirement crisis, concerns are growing about the financial preparedness of the aging population. By the end of the decade, projections from the Census Bureau suggest that 21% of the country’s population will be 65 or older, a significant increase from 15% in 2016. Despite the majority of non-retired adults having some form of retirement savings, only 36% believe that their current savings are sufficient …