By selling their homes that are paid for, or mostly paid for, in expensive urban areas and moving to sometimes astonishingly less expensive parts of the country, many boomers Incomes recommended by the mutual fund industry. Real estate, and a willingness to shift lifestyle gears, may come to their rescue, allowing the boomers to retire on considerably less than the 70 percent to 80 percent of their pre-retirement Many social and financial experts worry that the baby boomers, better known for spending than for saving, face an economic train wreck in retirement.īut dont count the boomers out yet.
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