Retirement continues to be a priority for Baby Boomers, but new research by Scottrade, Inc., found that 73 percent of the Sandwich Generation are either "very stressed" or "somewhat stressed" about their current financial situation.
Many Baby Boomers aren't just saving for retirement. According to the sixth annual Scottrade American Investor Survey, nearly one in four Baby Boomers (born between 1945 and 1966) reported they are financially supporting an adult child or grandchildren and 9 percent of those surveyed said they hold a college or education savings account.
Seventy-two percent of those surveyed named saving for retirement as a top priority, but 11 percent said they also save for their own or a family member's education expenses, 36 percent save for an emergency fund and 21 percent save to reduce their debt.
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