Middle-income boomers not the retiring (planning) type

March 14, 2013 by Maria Wood

Many middle-income Americans are woefully under-informed about Social Security; have yet to calculate how much monthly income they will need in retirement or given much thought to their probable lifespan.

Those perceptions came to light in a recent study, “Longevity Risk and Reward for Middle-Income Americans,” sponsored by the Bankers Life and Casualty Company Center for a Secure Retirement and conducted by independent research firm the Boomer Project. For the Internet-based survey, 500 Americans between the ages of 55 and 75 with an annual household income of $25,000 to $75,000 were polled in November. Click here to read…

Originally Posted at LifeHealthPro on March 12, 2013 by Maria Wood.