Baby Boomers’ Retirement Wealth Suffers in Wake of Great Recession, New Study Reveals

MIAMI, FL – A recent study has revealed that the youngest baby boomers, born in the era that brought us Beatlemania, are facing a potential retirement crisis. This group, known as “late boomers,” encompasses those born between 1960 and 1965 and has significantly less retirement wealth and savings compared to older baby boomers and the “war babies,” who were born between 1942 and 1959. The research, conducted by the Center for Retirement Research at Boston …

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Retirement: 2024’s Record Numbers and Potential Recession

New York, NY – As retirement rates hit record numbers in 2024, the U.S. economy could potentially face the threat of a recession. According to the latest data, more Americans than ever are reaching the age of 65, drastically reshaping the landscape of retirement in the country. Amid this demographic shift, there’s a growing concern about the potential economic consequences. This demographic trend is altering the dynamics of the workforce and raising questions about the …

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