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The economic recovery hasn't been kind to boomers Although some people in the oldest age group have bigger wealth and income compared with those in the youngest group, median wealth of older Americans have dropped to 20-year low since 2010, according to a report from the Federal Reserve. The findings suggest that while stock and housing markets were rising, both wealth and income fell for Americans aged 45 to 64. And the percentage of 55-year-olds to 64-year-olds who filed for disability or retirement rose from 27% in 2010 to 29% last year, the report says. The findings suggest that it could be more difficult than before for older workers to have a comfortable life in retirement. --Businessweek
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