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Boomers, GenXers may exhaust retirement funds

Early baby boomers, those who are 56 to 62, have a 47.2 percent change of not having enough money for basic retirement expenses as well as uninsured health care costs, the report finds. Late boomers, who are between 46 and 55, have a 43.7 percent chance of not having enough money, and Generation Xers (ages 36-45) have a 44.5 percent chance.

Tags: baby boomers , Generation X , retirement , Veronica Robinson , Colleen Kelleher , retirement planning

Wednesday - 07/14/2010, 12:59pm EDT