Baby boomers are less confident than ever that they will have enough money for a secure and comfortable retirement, according to a new study that highlights the key role advisors can play in helping clients plan for their post-work years.
In the Insured Retirement Institute's latest report on boomers' attitudes toward retirement, just 24% of respondents say they are confident they will have enough money to last through their lifetime, the lowest mark since the group began conducting the annual survey in 2011. That year, 37% of respondents expressed confidence about their retirement security.
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