However, 45% said they do not know how to select a retirement income product, according to a survey by fixed income annuity provider Annexus.
Tag: Baby Boomers
However, researchers say their outcome could possibly improve, given the fact that they still have a long time horizon to save, the markets could deliver strong returns and the government could save Social Security.
A study shows consumers might not understand health savings accounts as well as they believe.
A recent survey found that across generations, investors are almost equally concerned that their returns won’t secure adequate retirement savings.
Baby Boomers are adopting better financial habits, but Millennials may be overconfident in theirs, a study by Allianz finds.