10 ways the recession has changed retirement in the US
The recession is having a lingering impact on the baby boomer’s retirement plans. Retirees and those close to retirement lack the time to properly recover from job losses, falling home prices, and investment portfolio losses. Their retirement options are to work longer, save more, or settle for a lower standard of living in retirement. Here is how the recession has impacted the retirement plans of people age 50 and older.
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