Baby Boomers Delaying Retirement

For millions of American baby boomers approaching retirement, events of recent weeks are delivering a clear message: Not so fast.

With nest eggs shrinking, housing prices still falling and anxieties about their financial future growing, the oldest members of the baby boomer generation are putting the brakes on plans to leave the office. On close analysis, many boomers find they have underestimated how much money they will need for retirements that could easily last two or three decades. The big fear is leaving the work force with nest eggs that are likely to expire long before they do.

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Tags: baby boomers, Career & Work, retirement

Category: Baby Boomers, Career & Work, Retirement