Baby boomers get yet another financial reality check

Barrett, Larry
April 2011
Employee Benefit News;Apr2011, Vol. 25 Issue 4, p36
The article discusses the issues surrounding the increasing early retirement and rising health care in relation to the increasing number of baby boomers in the U.S. Alicia Munnell, director of the Center for Retirement Research at Boston College, states that people need to work longer to reduce spending, extend 401(k) and give people higher annuity from their Social Security insurance. However, companies have been less likely to hire and invest in older employees.


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