Journal Article

On the record: Baby boomers face a changing retirement landscape: a conversation with Anil Kumar

Abstract: Many baby boom era workers, those born between 1946 and 1962, count on various retirement benefits accumulated during their working years to ensure adequate resources as they grow older. A man turning 65 today can expect to live to age 83; a woman to age 85, according to Social Security Administration data. One in 10 will live past age 95. Dallas Fed economist Anil Kumar discusses the retirement outlook for baby boomers and growth of 401(k)-type retirement accounts.

Keywords: Social security; Pensions; Retirement; Retirement income; 401(k) plans;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2010

Issue: Q4

Pages: 8-9

Order Number: 4