Baby Boomers nearing retirement are in a fix: a fast-approaching retirement without enough retirement income.

Boomers have, more often than not, embraced a lifestyle beyond their means. Trading up for luxury goods, they have come to symbolize the "shop-till-you-drop" culture.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.