Baby boomers might be the country’s richest generation, but that doesn’t mean all boomers have a firm grip on their finances. While some will skate through retirement with paid-off houses and cushy retirement funds, others are ill-prepared for these years, according to Legg Mason’s 2017 Global Investment Survey. The survey found that about half of the world’s baby boomers “have not yet saved enough for a comfortable retirement.” If you fall into this category, all hope isn’t lost. Whether you’re an older or younger boomer, there are plenty of ways to get your financial ducks in a row.
Need a little guidance? From saving to investing, here’s what baby boomers need to know about money.
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