Thursday, August 30, 2007

 

Fidelity Research Institute Report Cautions Investors of Widening Guaranteed Income Gap and Poor Life Expectancy Planning when Approaching Retirement

As the oldest of the Baby Boomers begin turning 62 years old on January 1, 2008 -- the average age for retirement in America today and the age at which they become eligible to receive Social Security -- a new report released today by the Fidelity Research Institute reveals that pre-retirees significantly underestimate the length of their retirement years and how long their savings will need to last.

Fidelity Research Institute Report Cautions Investors of Widening Guaranteed Income Gap and Poor Life Expectancy Planning when Approaching Retirement
Source: Business Wire

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