The economy might be making a slow return to health, but for many baby boomers, that upturn cannot happen fast enough.

A recent survey of baby boomers conducted by the Atlanta-based Generation Mortgage Co. found that 64% of respondents viewed their current financial situation as negative, consistent with the 61% who also viewed their parents’ situation as negative. Worse still, 78% of respondents said they fear they will not be able to retire comfortably.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access