Two recent studies by the Employee Benefit Research Institute show how baby boomers and Gen Xers are faring in their retirement readiness (much better thanks to the housing and financial markets), while another shows that those already in retirement are taking “small” withdrawals from their IRAs.
While gains over the past year in the financial and housing markets have boosted Baby Boomers’ and Gen Xers’ retirement readiness, staying on track in the coming years depends on age, income and having access to a 401(k) plan, EBRI found.
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