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  • Author(s): Lim, Paul J.
  • Source:
    U.S. News & World Report. 6/13/2005, Vol. 138 Issue 22, p39-44. 5p. 4 Color Photographs.
  • Additional Information
    • Subject Terms:
    • Abstract:
      Focuses on the concerns employees, their mid 40s and 50s, are concerned about Social Security reform will effect their finances once they are retired. Percentage of those, born between 1951 and 1960, who are on track to have enough money to cover basic expenses in retirement; Discovery that guaranteed pension benefits may not be safeguarded; How future retirees will live longer and will therefore need more money to live on; Problems caused by mortgages; Plans many in their 40s and 50s are making in order to have enough money to retire on; How many retirees will find themselves needing to work to cover living expenses.