Baby boomers hit retirement age.
Boomers started to reach retirement age two years ago without the fabled gold watch and pension guarantee their parents enjoyed. They had just experienced a financial collapse that shattered both home values and interest-bearing savings accounts. Since then, how have things gone for the generation once viewed as the most privileged and pampered in history? There have been some surprises, but the reality is not as bleak as some feared. Here’s why.