5/28/2013 – Why Gen X And Late Boomers Aren’t On Track For Retirement (Forbes)

According to a recent study, Gen X and late baby boomers are on track to replace only about half of their current income when they reach retirement — which means they’ll need to seriously downgrade their lifestyles. Most financial planners recommend replacing, at the very least, 70% of one’s income.

Read the full article at Forbes.