October 28, 2009

Study says more workers unable to retire at age 65

DES MOINES, Iowa (AP) — Workers in more than half of U.S. households will likely be unable to retire at 65 at the same lifestyle they enjoy today, a new study says.

The Center for Retirement Research at Boston College says its latest analysis of household financial status shows 51 percent are at high risk of falling short of having enough money in retirement. That's up from 44 percent in 2007.

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