A new study from Allianz Life Insurance of North America finds that the majority of baby boomers believe there is a retirement crisis in the United States, and they are unprepared to deal with it.

The 2011 Reclaiming the Future study was originally conducted in 2010 with more than 3,000 participants. Aliianz surveyed 439 of the same participants to see how attitudes had changed in the last year.

When asked, "Do you believe there is a retirement crisis in this country?" 92 percent of the respondents answered either "somewhat" or "absolutely." Among those in their late 40s (the younger of the survey's participants), that number rose to 97 percent, and 100 percent of the respondents with lower incomes ($30,000-$45,000 and investable assets of under $50,000) agreed that the U.S. is facing a retirement crisis.

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