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Elderly person panhandling U.S. Census data indicate that by 2030, when all boomers will have hit the traditional retirement age of 65, one out of every five people in the U.S. will be of retirement age. (Photo: Shutterstock)

It should be no surprise to find that boomers are still not ready for retirement, despite the fact that 47 percent of the latest survey respondents are now retired.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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