Filed Under:Annuities, Variable

Baby boomers' underfunded retirement

TD Ameritrade survey finds boomers face major shortfall

Baby Boomers need to catch up.
Baby Boomers need to catch up.

Although baby boomers feel they will need an average of $750,000 in order to live comfortably in retirement, they have saved an average of $275,000.

The discrepancy between what boomers feel they need and what they actually have was highlighted in a recent Investor Index Survey released by broker-dealer T.D. Ameritrade, Inc., a subsidiary of TD Ameritrade Holding Corporation.

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Nichole Morford

Nichole Morford
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