Sixty-seven percent of America’s middle-income Baby Boomers expect that their retirement experience will be drastically different from their parents’, a survey by the Bankers Life and Casualty Company Center for a Secure Retirement found.
The study, “Middle-Income Boomers: Financial Security and the New Retirement,” surveyed 500 middle-income Americans between the ages of 47 and 65 with income between $25,000 and $75,000. Sixty percent said they envied the pensions and guaranteed income that previous generations received.
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