The Baby Boomers' expected retirement period of 20 years or more is far longer than the retirement periods of earlier generations.

Question

Quizplus · Accepted Answer

This statement is true. The Baby Boomer generation is expected to have a retirement period of 20 years or more, which is significantly longer than the retirement periods of earlier generations. This is largely due to increased life expectancy and improved healthcare.

The Baby Boomers' Expected Retirement Period of 20 Years or More