Peak 65: Unprepared Baby Boomer Retirees Risk Living in Poverty, Study Finds
Boston, MA – As the nation approaches a significant demographic milestone with the arrival of “peak 65,” the implications for retirement readiness among younger baby boomers are becoming increasingly apparent. A recent analysis highlights the financial unpreparedness facing many Americans as they reach retirement age, painting a concerning picture of potential poverty among this cohort. The retirement of the youngest baby boomers, born between 1959 and 1965, is expected to have a profound impact on …