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Boomers Approaching Midlife: How Secure a Future?

Baby boomers now constitute the core of the prime working age population, helping to fuel the longest peacetime economic expansion in our history. When they begin to retire in large numbers in 2008 (when the oldest boomers turn 62), they will create pressures on private and public retirement systems as they begin to withdraw from the labor force, and they may in the process redefine retirement. This 62 page chartbook represents an assessment of the future economic prospects of boomers. The book's conclusions are that most boomers will generally be better off in retirement than most people think, but there will still be a substantial vulnerable segment of the boomer population that will retire with no private pension, little or no retirement savings, and with the prospect of increased longevity with meager resources.