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Baby Boomers

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OKNancy

(41,832 posts)
Thu Dec 15, 2011, 04:51 PM Dec 2011

NEW POLL: Baby Boomers Squeezed by Economic Uncertainty, Expect Later Retirement [View all]

Of course a lot of us already know this

http://www.marketwatch.com/story/new-poll-baby-boomers-squeezed-by-economic-uncertainty-expect-later-retirement-2011-12-15

snip from the article

"The impact of the recession on the middle class is larger than past recessions. Not only is long-term unemployment at record levels, but Baby Boomers now say they will have to retire six years later than previous retirees," said Thomas J. Wilson, Allstate chairman, president and chief executive officer. "Sandwiched between the happily retired and the optimistic young, these near-retirees feel the pain of their declining home values and retirement savings and expect to work until 66 years of age. This profound decline in Baby Boomers' retirement expectations has significant public policy and private market implications."

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