The retirement wealth of the early baby boomers

The Baby Boomer cohort is larger than any previous, representing nearly one fourth of the population of the United States. Historically, they have influenced the economy of the united States as they entered into new life stages, and they have experienced economic prosperity and increased earnings through much of their working years. Now, as the Early Baby Boomers are on the verge of retiring, there are questions about how well prepared they are to live out their retirement years. Because of their savings habits, longer life expectancies, and changing economic conditions, they may face unique challenges not experienced by previous cohorts.