A recovering economy has done little to change the bleak retirement Baby Boomers see for themselves in the future, according to new findings released by the Insured Retirement Institute. Only about one in three Boomers (36%) are confident that they will have enough money to live comfortably in retirement, virtually unchanged from the 37% who felt confident last year.
Single and middle-income Boomers — those earning between $30,000 and $75,000 annually — are especially worried about their ability to retire. Nearly three in four single Boomers (72%) and 70% of middle-income Boomers say they are pessimistic that they will have a comfortable retirement, according to the report.
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