BUSINESSBUSINESS INSIDER
They're doing everything right for retirement. Their parents didn't.
Baby boomers are retiring with insufficient savings, forcing adult children to financially support aging parents while jeopardizing their own retirement plans. A Vanguard estimate shows only 40% of boomers aged 61-65 are on track to afford their desired retirement lifestyle, and examples like Brandon’s mother illustrate the intergenerational financial strain caused by under-saving.
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