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Survey Finds Few Baby Boomers Sufficiently Prepared for Retirement

Mar 31, 2005, 10:49
Radio Wire > Consumer
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Baby Boomers looking ahead see their retirement years as a time for learning and self-discovery, for reinventing themselves and for a new beginning.  According to a new survey by American Express Financial Advisors, three out of four boomers say they could learn more about retirement planning by talking to others, yet two-thirds admit they don�t have a retirement role model:

 

�Baby Boomers tell us they don�t necessarily want their parents� retirement and don�t have a set path to follow.  But achieving an �ideal retirement� means that everyone�s path is going to be different.  The important thing is to decide what you want in this next phase of life and sit down with a financial advisor or coach who can help prepare that road map.  That way you can achieve your retirement goals, whatever they may be.�

 

Craig Brimhall of American Express Financial Advisors says Boomers need to prepare both financially and emotionally for retirement.  A new web site with that focus to retirement planning can be found by logging on to get-advice-dot-com.

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Source: NBN/CP RadioWire

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