Thursday, July 29, 2010

Chicago Trib: Calculating how much you need for retirement

http://www.chicagotribune.com

It's a shocking statistic: About 47 percent of early baby boomers and 44.5 percent of Generation Xers — age 36 to 45 — are on course to run short of money for basic living expenses like food and electricity in retirement, according to the Employee Benefit Research Institute.