NEW YORK - As opposed to college planning, which dominated the Baby Boomers’ priorities 10 years ago, a financially sound retirement, maintenance of their primary residence, preparation for illness and taking care of their parents, are the major financial concerns of this group.

According to data in AXA Financial’s Nest Egg Study, unveiled Thursday at a press conference here, family income protection is becoming a high priority for Baby Boomers, yet many participants also did not have enough life insurance. Approximately 30%-40% of AXA’s clientele are Baby Boomers.

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