BOOMERS CAN'T RETIRE

A NEW STUDY FINDS THE MAJORITY OF SO-CALLED PEAK BOOMERS, THOSE TURNING SIXTY-FIVE BETWEEN NOW AND 2030, ARE NOT FINANCIALLY PREPARED TO STOP WORKING AND THAT MANY RISK LIVING IN POVERTY. 
RESEARCH FROM THE ALI RETIREMENT INCOME INSTITUTE FINDS 2/3 OF PEAK BOOMERS WILL BE FINANCIALLY CHALLENGED IN RETIREMENT WITH ABOUT 52% HAVING ASSETS OF $250,000 OR LESS. THAT MEANS THEY'LL LIKELY RUN THROUGH THEIR SAVINGS AND RELY MAINLY ON SOCIAL SECURITY FOR INCOME. APPROXIMATELY 4.1 MILLION AMERICANS ARE POISED TO TURN 65 THIS YEAR AND EVERY YEAR THROUGH 2027. THAT'S THE LARGEST SURGE OF RETIREMENT-AGE AMERICANS IN HISTORY.