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Over 30 million baby boomers will turn 65 soon — but two-thirds are not financially ready for retirement [Yahoo! Finance]
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Over 30 million Americans will be hitting the typical retirement age between 2024 and 2030. Born from 1959 to 1964, they make up the largest and final cohort of baby boomers. However, nearly two-thirds of these “peak boomers” will struggle to meet their needs through their retirements, let alone maintain their current standard of living. Don't miss These 5 magic money moves will boost you up America's net worth ladder in 2024 — and you can complete each step within minutes. Here's how Jeff Bezos told his siblings to invest $10K in his startup called Amazon, and now their stake is worth over $1B — 3 ways to get rich without having to gamble on risky public stocks 'It's not taxed at all': Warren Buffett shares the 'best investment' you can make when battling rising costs — take advantage today This is according to a new study from the ALI Retirement Income Institute, a non-profit focused on retirement education. "A majority will find themselves with inadequate resources for
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