The baby boom generation is approaching its “peak burden” years on the U.S. economy. This year, the largest and final group of baby boomers born from 1959 to 1964, dubbed the “peak boomers,” will start to turn 65. By the end of the year, all boomers will be 60 or older. The Peak Boomers Impact Study, a new report from the Alliance for Lifetime Income’s Retirement Income Institute, details how most of the individuals in this last segment are not financially prepared and cites differe...
