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A Crack in the Nest Egg: Are Americans Doing Enough to Save for Retirement? May 2009
Before the current recession, soaring stock prices and housing values made many Americans feel well off, and thus many were lax in saving for retirement. The current financial market downturn has erased much of the previous gains, leaving many workers unprepared for retirement. May's Liber8 economic information newsletter—"A Crack in the Nest Egg: Are Americans Doing Enough to Save for Retirement?"—will help you gauge how prepared you are for the golden years.
Baby Boomer Retirement March 2008
In late 2007, a retired teacher from Maryland became the first baby boomer to file for government retirement benefits. Standing in line behind her are 78 million more baby boomers who will begin seeking Social Security and Medicare benefits. This month's Liber8 Newsletter shows how the retirement of the baby boomers will affect these government programs and the federal budget.
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© 2009 Federal Reserve Bank of St. Louis