Friday, May 19, 2006
U.S. Boomers House-Rich, Retirement Poor, Survey Says
Eight in 10 U.S. baby boomers own a home and one-quarter have more than one property, an industry group said on Thursday, warning the huge generation is still ill-equipped for retirement.
Nearly two-thirds of baby boomers surveyed by the National Association of Realtors said the cost of living was too high to fully retire. One-third believe they will alternate between leisure and labor -- working full or part-time or starting a business.
U.S. Boomers House-Rich, Retirement Poor, Survey Says
Source: Reuters
Nearly two-thirds of baby boomers surveyed by the National Association of Realtors said the cost of living was too high to fully retire. One-third believe they will alternate between leisure and labor -- working full or part-time or starting a business.
U.S. Boomers House-Rich, Retirement Poor, Survey Says
Source: Reuters
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