As the baby boom generation begins to approach retirement age, concern over whether or
not current workers are financially prepared for retirement has heightened. Recent studies
that assess the prospects for baby boomers in retirement have come to sharply different
This book provides a comprehensive examination of baby boomers' prospects for
retirement. By exploring the evolution of Social Security and the pension system, in
conjunction with current workers' participation in pension plans and savings decision,
this book presents the issues surrounding the forecast for retirement that today's workers
are really facing.