According to the Insured Retirement Institute only 54% of baby boomers have tried to calculate a financial goal for retirement, just 45% have consulted with a financial planner and 43% do not consider themselves knowledgeable about making financial investments. In terms of preparedness, the overall attitude of Boomers nearing retirement is pessimistic, with 6 out of 10 expressing concern about outliving their retirement savings.
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