The average baby boomer has enough assets to retire at age 65.

Name: The average baby boomer has enough assets to retire at age 65.
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According to a report by the Economic Policy Institute, the median retirement account balance for baby boomers (born between 1946-1964) is only $144,000 which is not enough for most people to retire comfortably. Additionally, many baby boomers are still carrying debt and may not have adequate savings for unexpected expenses or healthcare costs.

The Average Baby Boomer Has Enough Assets to Retire at Age