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Wednesday, May 22, 2024

Welcome to ‘peak boomer’ era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat

Over 30 million “peak boomers” are entering retirement financially unprepared. The economy could take a hit, with industries like manufacturing and education needing to replace boomer workers. Those new retirees will likely be disproportionately leaning on Social Security to stay afloat. The youngest …

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