New forecasts on the economic security of future retirees suggest that as baby boomers approach retirement age, their large numbers and distinct demographics may require increased savings, delayed retirement and shifts in government programs such as Social Security and Medicare to keep some out of poverty.
Those were among the findings reported in a series of policy briefs by the Income and Benefits Policy Center of the Urban Insitute on Older Americans' Economic Security.
Keeping Boomers from Busting; Without Changes, Some Facing Poverty
Source: Insurance News Net
Keeping Boomers from Busting; Without Changes, Some Facing Poverty
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