The First Baby Boomer Collects Social Security
Next Generation of Retirees May Bankrupt System
The Urban Institute also projects that the baby boomers will also benefit from housing and stock market booms. Median household wealth for current retirees is nearly $450,000. Among baby boomers, it's projected to be closer to $600,000.
Social Security will be there for the boomers. But what about their kids?
"I really do have great concern for my children, but I have a greater concern for [the] grandchildren," Casey-Kirschling said.
< PREVIOUS
- 1 |
- 2
Read 29 Comments and Post Your Own
Comment & Contribute
Do you have more information about this topic? If so, please click here to contact the editors of ABC News.
Watch Video
External links are provided for reference purposes. ABC News is not responsible for the content of external Internet sites. Copyright © 2010 ABC News Internet Ventures.
