Employers want theiremployees to find a path to a successful retirement; it makes thembetter employees today while also providing a great referral tofuture employees. Brokers can help. (Photo: Shutterstock)
Baby Boomers (those born between 1946 and 1964) represent closeto 75 million people in the United States today. They have been thelargest generation for a very long time, with millennials just nowset to outnumber them in 2019. The difference between these twogroups is that one of them is just beginning their careers whilethe other is retiring or heading toward retirement.
Did you know that close to 10,000 baby boomers hit age 65 everyday? And what is alarming is that the median retirement savings ofthis group is just under $180,000, for those that do haveretirement savings — 45% of this population claim to have zerosavings for retirement, yet they control over 70% of the country'sdisposable income.
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