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Are We in a Baby Boomer Retirement Crisis?

You are not the average retiree. Did you know the average baby boomer has around $200,000 saved for retirement—and approximately 40% rely only on Social Security? If you’ve built a savings of $500 thousand or more, the “rules of thumb” you see online or hear from advisors often don’t apply to you. The Retirement Education Foundation, a nonprofit organization, offers what is designed to be a university-level retirement planning course that shows you how to think differently about spending, taxes,

Posthaste: Retirement crisis brewing as baby boomers near end of working lives with little, if any, savings