Boomers haven't been confident about retirement, and it shows: their confidence has reached its lowest level in five years. 

That's according to the latest research report from the Insured Retirement Institute, "Boomer Expectations for Retirement 2015," which found that in this fifth year of the survey, only 27 percent of boomers are confident that their savings will see them through retirement. In 2011, nearly 40 percent felt that way. 

Forty-four percent, however, expect that their financial situation will improve over the next five years. That is an increase from last year, when just 32 percent thought they could see a light at the end of the tunnel. 

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