This is what happens when we decide to spend all our money (then some) on material things instead of saving and investing for our future. A whole generation of Americans are going to be broke in retirement.-Lou
Baby Boomers’ Retirements in Jeopardy
(CHICAGO) — Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they’re hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.