Study: Baby boomers are in for a "shock" when they retire

08/7/2013 | BenefitsPro.com

Many baby boomers haven't properly planned for retirement and risk running out of money before they die, according to a study by Bankers Life and Casualty's Center for a Secure Retirement. The aging generation largely has ignored the costs of long-term care, and, according to the report, among middle-income boomers, 72% have no plan for retirement care.

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