Products baby boomers need most, even if they don’t know it
April 9, 2014 by David Port
baby boomer himself, Jon Ten Haagen, CFP, RPC, acknowledges that the retirement picture for many of the 77.3 million members of his generation isn’t pretty.
“Too many baby boomers don’t pay attention to how much they have saved for retirement,” observes Haagen, founder of Ten Haagen Financial Group in Huntington, N.Y. Perhaps they’re not paying attention for fear of what they’ll find if they do.
In its annual retirement confidence survey for 2013, the Employee Benefit Research Institute found that among workers age 55 and older, 43 percent have saved less than $25,000, and 36 percent have saved less than $10,000.
Originally Posted at LifeHealthPro on April 4, 2014 by David Port.
Categories: Industry Articles
