Baby Boomers in Britain Fear Pension ‘Time Bomb’
September 06, 2008 | Cafe | Comments 0
We hear about financial challenges facing baby boomers in the United States, but baby boomers, who number about 17 million, face a unique set of financial issues — longer life expectancies, increased financial demands for educating children, and the spiraling costs of healthcare and property.
A recent study in the UK revealed that 74 percent of baby boomer respondents have significant concerns that their persion will not allow them to maintain their current standard of living in retirement.
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Filed Under: Retirement
