Your retirement income may not be enough


Ten thousand Americans retire everyday and many of them will spend their golden years in poverty. Experts say many others will scrimp and save only to find that what they have is nowhere near enough.

William Wood is the program director for Wright State University’s financial services degree program. He said the second half of the baby boomer generation will face the most financial problems.

“I think those who are in the middle income bracket are the ones who are going to be most disappointed by retirement,” said Wood.

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