Study: One in five boomers cuts retirement contributions

10/7/2008 | Wall Street Journal, The

One in five baby boomers stopped contributing to their retirement during the past year, according to a new survey by AARP. The survey also found that one in three middle-aged workers have considered delaying retirement. The economic downturn appears to be a factor as a large majority of those who halted their contributions -- 83% -- said they did so because they didn't have enough funds left over after accounting for normal living expenses.

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