In honor of Father's Day, the Insured Retirement Institute released a financial profile of the average male Baby Boomer. Its research found that while they favor riskier investments, a high percentage of them haven't done much planning for retirement.
By Paula Aven Gladych|June 13, 2012 at 11:00 AM
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Male Baby Boomers take more investment risks than women, according to data released by the Insured Retirement Institute.
When choosing an investment vehicle, 22.2 percent of male Boomers favored rate of return and 15.3 percent favored past investment performance. By comparison, rate of return was favored by only 15.1 percent of female Boomers and just 11.5 percent chose past performance.
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