Baby Boomers Face Uncertainty, Fear Outliving Their Retirement Savings

baby boomers

Many baby boomers fear they have not saved enough and will run out of money during their retirement.

Nearly half of baby boomers face so much uncertainty that they fear that their retirement will result in poverty, according to a new study by California-based investment advisers Financial Engines.

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Fewer American Households Own TVs

television

114.7 million households will own a television in 2012, down from 115.9 million this year.

These days fewer Americans own TV sets, research firm Nielsen has found. For the first time in 20 years Nielsen says it expects a drop in the number of U.S. households with a television set. According to Nielsen the decrease likely has to do with two factors: poverty and the rise of high-tech alternatives.

 

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