Male baby boomers are looking to employment for income during their retirement years, rather than planning ahead, according to survey by Insured Retirement Institute.
The survey also indicated that male boomers are less risk averse than females when it comes to choosing what to invest in. Of the male boomers surveyed, 22.2% said that the rate of return was the most important feature that they considered when looking at investments, while 15.3% said past performance gave them the greatest indicator of whether to invest or not.
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