Only two in 10 baby boomers plan to retire by 65, according to a survey commissioned by Bankers Life Center for a Secure Retirement.
Sixty-five, of course, used to mean something special: the time at which people left the workplace behind to pursue their avocations, kick back and perhaps enjoy life. Not any more — at least not for middle-income boomers, those with an annual household income between $25,000 and $100,000.
Although 94 percent of boomers do expect to retire someday, 43 percent expect that day to come at some point after 65, the survey said.
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