Tuesday, March 12, 2024

Meet the typical retiree

Meet the typical retiree

Article Excerpt: "A married woman in her 70s living on $30,000 a year in Maine or Florida...Baby boomers are in their retirement era. Of the generation born between 1946 and 1964, per Pew Research, less than 20% of Americans over the age of 65 were employed as of 2023. However, that's more than double the share of retirement-age people working 35 years ago. It's why a retirement crisis is looming, with many potential retirees either facing financial vulnerability or having to work until they die. ..."



Resource: www.businessinsider.com