Hard times loom for too many boomers

By John Collett
Updated December 14 2014 - 10:08am, first published November 26 2014 - 12:15am
Retire in peace: for many baby boomers retirement may not be as comfortable as they would like.
Retire in peace: for many baby boomers retirement may not be as comfortable as they would like.
Looking to the future: About  35 per cent of baby boomers describe themselves as "completely unprepared" for retirement.
Looking to the future: About 35 per cent of baby boomers describe themselves as "completely unprepared" for retirement.

The last of the baby boomers will turn 50 by the end of the this year. Often it is the big five-o that starts people to really think about saving for their retirement.

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